Tuesday, February 6, 2018

"Los Angeles biotech billionaire Patrick Soon-Shiong is nearing a deal to buy the Los Angeles Times and the San Diego Union-Tribune [in a] nearly $500-million deal"

Per the LAT.

From 2006: "Entertainment mogul David Geffen has made a $2-billion all-cash offer for the Los Angeles Times, but the newspaper's corporate owner has declined to accept or reject the bid as it continues to seek offers for the entire company, a source said."