The owners of the San Francisco Examiner are on the cusp of buying the San Francisco Bay Guardian. Bay Guardian Executive Editor Tim Redmond told the Express this afternoon that he’s “very optimistic” the deal will be inked soon. “I think we’ll probably sign a deal, but it’s not yet done,” he said.
Earlier, two sources told the Express that the sale had been finalized. But Redmond said that while the deal is close, it’s not yet complete. “We’re in negotiations, and we’re very optimistic,” he said.
Known as the oldest alt-weekly in the Bay Area, the Bay Guardian was founded in 1966 and has been a vociferous defender of progressive politics for several decades. The Examiner, originally founded by the Hearst family, was recently purchased by a group of local investors under the moniker San Francisco Newspaper Company LLC.
so happy together?
