A group led by Boston-based investor Aaron Kushner announced Monday that it has bought the parent company of the Orange County Register and more than half a dozen smaller newspapers for an undisclosed sum.
Kushner’s group, 2100 Trust LLC, expects to close its purchase of Freedom Communications Holdings Inc. within 30 days. Kushner is the former chief executive of a greeting-card company who had previously tried unsuccessfully to purchase the Boston Globe.
The sale completes the process of dismantling Freedom Communications, which has been steadily selling off newspaper properties since emerging from bankruptcy protection in April 2010.
Kushner’s group also tried to take a controlling interest in Maine’s Portland Press Herald. However, union’s nixed that deal.
And the ghoul against Freedom has some strange friends…Obama, Dean, Biden