San Francisco -- AT&T Broadband & Internet Services
CEO Leo J. Hindery Jr. has put in a bid for Chronicle Books, the book-publishing arm of
Chronicle Publishing Co.
The publisher's directors last month decided to sell
the company's assets, and its San Francisco Chronicle newspaper is being sold
to rival Hearst Corp. Other assets include four television stations and newspapers in
Illinois and Massachusetts.
The size of Hindery's bid, which is a personal
investment, was not reported.
Hindery has past ties to the business. Prior to helping
found MSO InterMedia Partners in 1988, he was chief officer for planning and finance at
Chronicle Publishing, at one time a large MSO.
An AT&T Broadband spokeswoman confirmed Hindery's
bid but had no further comment. Hindery declined to comment on personal investments. But
he told the San Jose Mercury News his bid would not affect his status at AT&T.