Zuckerman Explores Sale of New York Daily News

Financial Times: Mort Zuckerman, the billionaire real estate mogul, has hired Lazard to find a buyer for the New York Daily News, the tabloid newspaper he has owned since 1993. Reps for Zuckerman have approached high-net worth individuals and companies in the U.S. and Europe to gauge their interest in a potential deal. Founded in 1919, the Daily News was once New York’s biggest daily newspaper. The paper had an average daily sale of 338,944 for the six months to March 2014, making it the seventh most popular in the U.S.