LA Times

Over a year ago, I wanted to break some news, but personal relationships stood in the way over a piece of news about the local blogoshpere's favorite whipping boy. Of course, that would be the LA Times and the news is that the LA branch of the Tribune company is for sale. Since it has broke, I could elaborate a little(it's not much). The LA Times and Newsday was shopped to various people including private equity firms which is how I knew about it. In the article, it mentions that perhaps the latter group would be interested in buying the paper. This seams unlikely since none of them bit at the chance over a year ago. Of course, there is price for everything and perhaps if the tribune company wanted to rid themselves of the albatross they could eventually.

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This page contains a single entry by Bob published on June 15, 2006 2:25 AM.

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