The Sun-Times announced Monday afternoon that Wrapports LLC, which owns it, is in the process of selling its “assets” to Tronc (formerly Tribune Publishing), which owns the Tribune and other papers. Other interested parties have 15 days to make their own offers, but no one else has spoken up yet.
Back at the Reader, the general reaction to that proclamation—beyond uncertainty as to what Ferro was talking about—was relief that those monumental ambitions would pursued somewhere else.