Report: Rupert Murdoch Interested in the LA Times*
A day after KPBS relayed Doug Manchester’s possible interest in acquiring the LA Times, there is news of a much bigger media mogul sniffing around this city’s prized daily newspaper. According to LA Times reporter Meg James, her new boss could potentially turn out to be none other than Rupert Murdoch:
News Corp. executives have had preliminary talks with debt holders about acquiring the Los Angeles Times and Chicago Tribune, according to two ranking News Corp. executives and others familiar with the situation.
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