Arab Today, arab today conservative brothers won\t buy la times
Last Updated : GMT 06:10:40
Arab Today, arab today
Arab Today, arab today

Tribune sale not 'viable' for Koch industries

Conservative brothers won\'t buy LA Times

Arab Today, arab today

Arab Today, arab today Conservative brothers won\'t buy LA Times

Protesters demand the Los Angeles Times not be sold to the Koch Brothers
Washington - Arab Today

Protesters demand the Los Angeles Times not be sold to the Koch Brothers Billionaire industrialists Charles and David Koch -- known for bankrolling conservative causes -- won\'t be buying the newspapers up for sale by Tribune Co. A spokeswoman for Koch industries said Friday the group would not be bidding for the newspapers which include the Los Angeles Times and Chicago Tribune, confirming a report in the Daily Caller.
The mere suggestion that the Koch brothers were interested in the newspapers sparked a spate of protests in cities where Tribune Co. newspapers operate in recent months over fears they would use the dailies to further conservative political causes.
But the decision not to buy the newspapers in the end appeared to turn on economic considerations.
The Daily Caller reported late Thursday that Koch determined that purchasing the newspapers was \"not economically viable\" and that both parties walked away from the negotiations.
\"Koch continues to have an interest in the media business and we\'re exploring a broad range of opportunities where we think we can add value,\" company spokeswoman Melissa Cohlmia said in an emailed statement.
\"In terms of the Tribune, the Daily Caller story is accurate.\"
The Tribune Co. newspapers, including the Los Angeles Times, Chicago Tribune, Baltimore Sun and five others could be sold in what may be one of the biggest newspaper deals in US history.
In July, Tribune Co. announced plans to spin off its newspaper division from its television holdings in a move to designed to \"maximize shareholder value.\"
Tribune Co. which emerged from bankruptcy December 31 after four years of court supervision, owns 23 television stations and recently announced a $2.7 billion deal to buy 19 more.
The Koch brothers are known for backing policy groups such as the libertarian Cato Institute think tank in Washington.
They also were behind the formation of the Americans for Prosperity political action group, which supports many causes backed by the ultra-conservative Tea Party, although they are not formally affiliated.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today conservative brothers won\t buy la times Arab Today, arab today conservative brothers won\t buy la times

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Media: وسائل الإعلام أخبار
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 01:04 2017 Tuesday ,28 February

Nokia 3310 is back — and so is 'Snake'

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday