NEW YORK, May 15 (UPI) -- Chicago's Tribune Co. Tuesday completed the sale of its Spanish-language daily newspaper Hoy New York to ImpreMedia LLC.
Financial terms were not disclosed.
The sale, announced on Feb. 12, was originally expected to be completed in March. Tribune gave no reason for the two-month delay.
Tribune continues to publish its Hoy, or Today, newspapers in Los Angeles and Chicago and plans to make them more closely aligned with its Los Angeles Times and Chicago Tribune dailies, Tribune said.
Tribune also continues publishing weekly Spanish-language newspapers in Orlando, Fla., and South Florida.
ImpreMedia, the largest Spanish-language newspaper publisher in the United States, owns Hoy New York competitor El Diario La Prensa in New York -- the oldest Spanish-language daily U.S. newspaper -- as well as La Opinion in Los Angeles and La Raza in Chicago.
Real estate billionaire Sam Zell agreed April 2 to buy Tribune, the nation's second-largest newspaper publisher, for $8.2 billion.
