YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Tronc sells Los Angeles Times for $500M

Posted online

After news reports surfaced, Tronc on Wednesday made it official. It sold the Los Angeles Times for $500 million.

The buyer is billionaire Patrick Soon-Shiong, a health care mogul and former surgeon.

Soon-Shiong also picked up the The San Diego Union-Tribune, as well as smaller publications in the California News Group.

Read more from The New York Times.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Business Spotlight: Modern Muscle Gain

Starting Strength Online Coaching is changing the gym experience — by removing it.

Most Read