The East Valley Tribune, which has seen a roller coaster year that included laying off nearly half its staff and winning a Pulitzer Prize, will be shutting down on Dec. 31, staffers were told today.
Publisher Julie Moreno broke the bad news at about 10:30 a.m., telling employees that the Mesa newspaper’s parent company, Freedom Communications, has been unable to find a buyer for it, the company confirmed at about noon.
Freedom, which declared bankruptcy Sept. 1 awash in more than $1 billion in debt, had put the newspaper up for sale hoping to make some hard cash from the deal. But no serious buyer stepped forward before today’s announcement.