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
No comments:
Post a Comment
For now, we're opening this blog to Anonymous comments. This will continue as long as civility rules. Disagree as you may, just keep it clean and stay on topic. No profanity, and no name calling. We reserve the right to moderate such comments, though the person who made it may come back and reword their message in a more civil way.