Rupert Murdoch : Franchise Herald

Rupert Murdoch

Rupert Murdoch

Murdoch Says Tribune Papers Likely to be Sold, LA Times to be Split Off

Rupert Murdoch, the executive chairman of News Corp., said in a tweet on his Twitter account that he had “strong word” that Tribune Publishing Co.’s newspaper group will bought by a “big Wall Street firm.” He also said that the Los Angeles Times would be split off and be purchased by philanthropist Eli Broad and local group.

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