Sources: Koch Industries not buying LA Times, Chicago Tribune

Daily Caller –

Koch Industries will not be buying the Tribune Company’s eight newspapers, which include the Chicago Tribune and the LA Times, The Daily Caller has learned.

Sources with knowledge of the business proceedings told The Daily Caller that Koch Industries, after conducting its due diligence, has not been interested in buying the newspapers for “a couple months.”

The company determined that purchasing the newspapers was “not economically viable” and that both parties walked away from the negotiations, they said.

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One Response to Sources: Koch Industries not buying LA Times, Chicago Tribune

  1. Pingback: Champion News | Sources: Koch Industries not buying LA Times, Chicago Tribune

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