[lbo-talk] battle for LA Times

[Dennis Claxton]

Who's best?  The Chandlers have experience but Broad's got a great 
contemporary art collection and, according to this story, his partner 
is union friendly.


>Chandlers, moguls in battle for Tribune
>
>By James Rainey and Thomas S. Mulligan, Times Staff Writers
>8:34 AM PST, January 18, 2007
>
>The Chandler family, which owned the Los Angeles Times for more than 
>a century, and a partnership of local billionaires Eli Broad and Ron 
>Burkle made competing offers Wednesday for Chicago-based media giant 
>Tribune Co.
>
>After a four-month auction process, the bids pit two powerful 
>Southern California interests in a battle for the company that owns 
>The Times, KTLA-TV Channel 5 and the Chicago Cubs baseball team.

[....]

http://www.latimes.com/business/la-ex-tribune18jan19,0,6328417,full.story?coll=la-home-headlines

http://www.broadartfoundation.org/collection/index.html