Los Angeles Times

Billionaire Patrick Soon-Shiong in talks to buy the L.A. Times, San Diego Union-Tribune

LOS ANGELES - Los Angeles biotech billionaire Patrick Soon-Shiong is nearing a deal to buy the Los Angeles Times and the San Diego Union-Tribune from its parent company Tronc, according to two people familiar with the talks.

The nearly $500-million deal, if consummated, would return The Times

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