Analysts believe LAT could go for as much as $1 billion

TheWrap.com
“It may be an opportune time to sell a prestigious title like the Los Angeles Times,” write Sharon Waxman and Dominic Patten. “The more profitable but less prestigious [Chicago] Tribune would be worth substantially less but still bring in a significant sale price.” || Earlier: David Geffen‘s $2 billion offer for the Times was rejected in 2006.

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