Florida investor offers $100 million to help Maryland hotel exec buy Tribune Publishing

Slaine, who acquired much of his 8.1% stake in Tribune Publishing last year on the open market at less than $7 per share, has sold off large chunks of his position. Most recently, on Thursday he sold 450,000 shares for $17.26 per share, reducing his stake to 1.26 million shares, or 3.4% of the company.