Los Angeles Times Set to Go Public, According to Owner Patrick Soon-Shiong

Reported about 14 hours ago

Patrick Soon-Shiong, the owner of the Los Angeles Times, announced in a TV interview that the newspaper plans to go public within the next year. The initiative aims to democratize ownership of the 143-year-old publication, similar to the Green Bay Packers' model. This decision follows a challenging period for the paper marked by significant layoffs and financial losses.

Source: YAHOO

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