• Tronc in 'early stage' discussions about sale to McClatchy newspaper chain

    4 days ago - By Los Angeles Times

    A second firm is in talks to potentially acquire Chicago-based newspaper chain Tronc. California-based newspaper chain McClatchy is in “early stage” discussions to buy Tronc, owner of the Chicago Tribune and other major newspapers, a source familiar with the negotiations said Friday. McClatchy...
    Read more ...

     

  • Biotech billionaire and Los Angeles Times owner Patrick Soon-Shiong is talking to newspaper chain McClatchy about buying Tronc

    Biotech billionaire and Los Angeles Times owner Patrick Soon-Shiong is talking to newspaper chain McClatchy about buying Tronc

    4 days ago - By Business Insider

    Los Angeles Times owner Patrick Soon-Shiong is considering bidding for newspaper publisher Tronc, according to people familiar with the matter.
    Soon-Shiong is considering a joint bid with newspaper publisher McClatchy. He had previously been in talks to team up with a hedge fund manager for Tronc, but those discussions are now seen as less likely.
    Soon-Shiong spent $500 million in June to acquire the Los Angeles Times and The San Diego Union-Tribune along with a bunch of other community newspapers from Chicago-based Tronc.
    Biotech billionaire and Los Angeles Times owner Patrick...
    Read more ...