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Short Take: Chronicle Publishing hires investment bank

Chronicle Publishing, the owner of the San Francisco Chronicle and publisher of SF Gate, has hired investment bank Donaldson, Lufkin & Jenrette to help evaluate options that include a possible sale, Bloomberg reported. Chief executive John Sias did not say whether the company is currently entertaining an offer. "Neither the company's board nor its shareholders have made any decisions pertaining to potential future actions," Sias said in a statement reported by Bloomberg.

Chronicle Publishing, the owner of the San Francisco Chronicle and publisher of SF Gate, has hired investment bank Donaldson, Lufkin & Jenrette to help evaluate options that include a possible sale, Bloomberg reported. Chief executive John Sias did not say whether the company is currently entertaining an offer. "Neither the company's board nor its shareholders have made any decisions pertaining to potential future actions," Sias said in a statement reported by Bloomberg.