LOS ANGELES CITY NERD: Zell to sell the Times?

Zell to sell the Times?

Rumor has is that the Zell interests are looking at the Tribune properties in Los Angeles to assess their potential value. So, when we mean sell the times, we actually mean the property on which it currently sits. With the recent sale of the Valley's Times facility, a sale of Tribune-owned property would not be too much of a shock to the City, but it would show a lack of commitment to Los Angeles after over a century of growing with and shaping Los Angeles.