Other news stories about the sale don't mention another bidder either:
I love this quote from then Trib Managing Editor Bill Jones (in the article Tebman linked, also listed on the page above):
''It is not going to affect our coverage in any way whatsoever.''
Although FWIW, the late Steve Daley, who spent several years as a sports reporter for the Trib in the early 80s, claimed
none of the suits there cared about what he wrote concerning the lovable losers.