The New York Daily News is up for sale. Mort Zuckerman, the owner of the paper, released a statement Thursday announcing his intentions to sell the paper.
In the statement, Zuckerman says that he was approached by a buyer who asked if he might potentially be interested in parting with the paper. While he didn’t have any immediate plans to do so, he brought the idea in front of the board and investors who decided to explore the possibility.
After some discussion, Diario Do Comercio says the group came to the decision to part with the paper. Zuckerman notes in his memo that during the sale process he will ensure that the paper makes the right moves not only for its future, but also for the future of its employees. He also notes that the Daily News is currently in one of the best places it’s ever been, particularly with its online presence.