Journalist and publisher Robert C. Maynard buys The Oakland Tribune newspaper from Gannett Company Inc., becoming the first African-American to gain a controlling interest in a major daily newspaper. The newspaper, which had previously been ranked as one of the worst in the country, won a Pulitzer Prize in 1990 for its coverage of the Loma Prieta earthquake under Maynard’s tutelage. Economic issues resulting from that quake and the Oakland Hills firestorm of 1991 forced Maynard to sell the paper in 1992.
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