Thursday, January 18, 2007
Both Eli Broad and Ron Burkle, and the Chandler family, which used to own the Los Angeles Times, which has been quite troubled by its own managerial fights with the Tribune Company, have evinced interest in acquiring substantial stakes in the company. The Broad-Burkle bid is a refinancing offer. The Chandler family has not yet made a formal bid. Read more here in a New York Times article published today.