The New York Daily News might have a new suitor. According to The New York Post, entrepreneur Jimmy Finkelstein is interested in buying the tabloid.
Finkelstein made his fortune in media. His News Communications company sold the New York Law Journal and National Law Journal to Steve Brill. In 2009, he and other investors formed Guggenheim Partners, which bought The Hollywood Reporter, Adweek and Billboard. Finkelstein sold his shares in 2013. Finkelstein currently owns The Hill.
If he makes an offer for the Daily News, Finkelstein’s main competition will be John Catsimatidis. Catsimatidis is rumored to be the frontrunner, even though he once banned the tabloid from his Gristedes chain.