Wednesday, September 23, 2015

Patrick Soon-Shiong Eyes LA Times, Says Report

Patrick Soon-Shiong, the biotech billionaire behind LA's NantWorks family of companies, is reportedly eyeing a bid for the LA Times.According to the San Fernando Valley Business Journal, Soon-Shiong is "seriously considering" acquiring the long suffering Los Angeles newspaper, which recently had a very visible fallout between CEO and publisher Austin Beutner and parent company Tribune Publishing Co.

---