Tuesday, October 09, 2007

Sam Zell: No plans to sell LA Times

Beverly Hills, CA.

Billionaire and new owner of the Tribune Company Sam Zell said he has no plans to sell the Los Angeles Times to David Geffen, Eli Broad, or Ron Burkle.

But quickly stated "Now, if you have a price, we can talk." Which had the standing-room-only group laughing at the Beverly Hilton Hotel tonight.

Known for his frank way of talking, Zell used several expletives and told the group a joke regarding the male anatomy.

When asked about the possible shedding of the Chicago Cubs after the completion of the transaction of acquiring the Tribune Company Zell said "I have no idea who is going to end up with the Cubs, but it ain't gonna be me."


h/t Saul Daniels
at

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