MEDIA: Some deep-pocketed big names floated as buyers.
Wealth of interest among billionaires in buying the Los Angeles Times was revealed after the paper fired its CEO-publisher.
BIOTECH: Drug maker Puma among casualties of public uproar over pricing.
Democratic presidential hopeful Hillary Clinton’s price-gouging allegation leads to vote of no confidence in sector.
A local Tribune Publishing Co. analyst blasted the newspaper conglomerate in a memo today, saying it bungled the firing of L.A. Times chief executive and publisher Austin Beutner and called on the company to sell itself to Warren Buffett’s Berkshire Hathaway Inc. before its valuation dips any lower.
Dr. Patrick Soon-Shiong, the wealthiest person in Los Angeles, is considering making an offer to buy the Los Angeles Times, according to a source familiar with the situation who declined to speak on the record.
In the wake of Austin Beutner’s firing from the L.A. Times and reports that billionaire Eli Broad could reignite his interest in acquiring the beleaguered paper, there are now rumblings that others could be interested as well.
INTERNET: Broker believes Digital Media could pull in more than $4 million.
If you’ve ever wanted to own a piece of Los Angeles, now’s your chance to buy the name – online anyway.
Hyperloop firms take different funding paths
Elon Musk’s proposal for hyperloop travel has two local firms heading down different roads to funding.
Billionaire Eli Broad and other Los Angeles leaders might be trying to enlist Oaktree Capital Management co-Chairman Bruce Karsh, who’s company owns nearly a fifth of Tribune Publishing Co. stock, into the fight to regain local control of the L.A. Times.
Activision Blizzard Inc., the Santa Monica video game publisher behind the massive Call of Duty and World of Warcraft franchises, has a new hit on its hands.
MEDIA: Tribune Publishing worth a fraction of BuzzFeed.
Print not so fine as firing of Los Angeles Times’ CEO points to problems at paper’s parent and with industry.