Tronc Sells Los Angeles Times, San Diego Union-Tribune to Patrick Soon-Shiong

Photo via The Angels 2010 on Wikimedia Commons under the Creative Commons License

Variety reports: “The Los Angeles Times will return to local ownership after its parent company agreed to sell its flagship publication to Patrick Soon-Shiong for $500 million. Tronc, the latest iteration of the company that has owned the paper since 2000, said that Soon-Shiong also will buy The San Diego Union-Tribune and other titles in Southern California.”

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