 |
| Mark Walter |
"The Los Angeles Times says something," Walter
said before the Dodgers played the Boston Red Sox at Dodger Stadium. "It
means something. It's a brand. I think people have undervalued that. If the
price were right, I would buy it."
Walter is the chief executive of Guggenheim Partners, a
Chicago-based financial services firm that controls more than $180 billion in
assets, according to its website. He said he is interested in acquiring both
The Times and the Chicago Tribune — in part because he is interested in
increasing the diversity and improving the quality of information available to
the public. Both papers are owned by Tribune Co.
"We want the L.A. Times to be strong," Walter
said. "We want the Tribune to be strong."
Walter did not elaborate on what action, if any, he has
taken toward making a deal. He contributed $100 million to the $2.15-billion
purchase of the Dodgers last year, with the majority of the money coming from
Guggenheim insurance funds.
No comments:
Post a Comment