Copley Seeks to Unload San Diego Union-Trib

The San Diego Union-Tribune is going on the auction block, its parent company The Copley Press announced this afternoon.

Copley has retained New York-based investment firm Evercore Partners to “explore strategic options for the company’s future including a potential sale.”

“The last couple of years have been a difficult period for the newspaper industry, especially those in a real estate-dependent market like San Diego,” Harold W. Fuson Jr., executive vice president of the privately held company, said in a statement.