Sources: Koch Industries not buying LA Times, Chicago Tribune
By
Koch Industries will not be buying the Tribune Company’s eight newspapers, which include the Chicago Tribune and the LA Times, The Daily Caller has learned.
Sources with knowledge of the business proceedings told The Daily Caller that Koch Industries, after conducting its due diligence, has not been interested in buying the newspapers for “a couple months.”
The company determined that purchasing the newspapers was “not economically viable” and that both parties walked away from the negotiations, they said.
Read more: http://dailycaller.com/2013/08/22/sources-koch-industries-not-buying-la-times-chicago-tribune/#ixzz2ckEgkHPs
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment