Will LAT, OC Register merge when Tribune exits bankruptcy?
Orange County Register
From Mary Ann Milbourn's Q-and-A with Freedom Communications CEO Mitch Stern:
Q: It has been suggested that because the same investors have stakes in the Tribune Co., owner of the Los Angeles Times, and Freedom, that the Times and the Register will merge once Tribune exits bankruptcy. Is that in the cards?
A. It's not as easy as just saying they have the same investors. The investors have different time frames. Some want out in a year; others three to five years. Some have a strategic interest. And how do you consolidate a bunch of companies that all have a lot of debt?