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Billionaire Eli Broad Teams With Financier For L.A. Times Bid
- The Hollywood Reporter, Friday, March 15, 2013 3:54 PM
Could the Los Angeles Times become a nonprofit? That could happen if a rumored bid for the paper goes through -- that of billionaire Eli Broad and financier and former L.A. deputy mayor Austin Beutner, writes Paul Bond. "The pair are primarily interested in the Times, though they would consider purchasing the block of Tribune Co. newspapers -- including the Chicago Tribune, TheBaltimore Sun, and the Hartford Courant -- and then sell off the excess titles, sources say. "
