LA billionaire becomes the 2nd-largest shareholder of LA Times’ parent company – Los Angeles Times

Los Angeles TimesLos Angeles Times owner Tribune Publishing Co. has rejected a second buyout offer from rival newspaper publisher Gannett Co., and this time it’s brought in new financial muscle to fend off further overtures: L.A. billionaire Patrick Soon-Shiong …Los Angeles Times Owner Rejects Gannett’s Increased Bid, Offers to Start Deal TalksHollywood ReporterGannett threatens to […]

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