Rupert Murdoch Tweets a Tribune Publishing Bombshell
It involves fellow billionaire Eli Broad.
It’s a scenario that has been speculated about by various L.A. Times observers. Acceding to the Tribune Company’s desire to sell all of the Tribune Publishing newspapers together, billionaire Eli Broad partners with a third party, whereupon the newspapers are acquired and then split. With Broad holding on to the L.A. Times and San Diego Tribune.
Late this afternoon, the other individual most often mentioned as a logical Times savior – Rupert Murdoch – tweeted what he’s hearing on that front:
Strong word Tribune newspaper group to be bought by big Wall St firm, LA Times to go to philanthropist Eli Broad and local group.
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