New York Daily News Lead Bidder: Steven Witkoff

Reuters: Steven Witkoff is said to be in the lead to acquire the New York Daily News, prevailing over other high-profile bidders in an auction for the struggling tabloid newspaper. The real estate tycoon is in negotiations with the newspaper’s owner,  Mort Zuckerman, about a deal that remains far from certain given the New York Daily News’ declining readership and growing liabilities. Other potential buyers such as Jimmy Finkelstein, the owner of the Washington newspaper The Hill, and supermarket chain Gristedes owner John Catsimatidis have thus far made “less attractive offers.”