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The Los Angeles Times Is Readying an IPO
The Southern California newspaper is owned by biotech billionaire Patrick Soon-Shiong. The Los Angeles Times newspaper plans to go public within the next year, its owner Patrick Soon-Shiong said in a television interview on Monday, in an effort to give the public ownership of the 143-year-old publication.
Patrick Soon-Shiong will retain a substantial portion of the Los Angeles Times in his planned public sale, which will be ...
How much the wealth from a Snap IPO will trickle out across broader Los Angeles is harder to ascertain. The city has long been a destination for the rich and famous and is flush with cash from ...
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