Tuesday, October 9, 2007

No plans to sell the LAT, unless ...

Sam Zell in Beverly Hills at a conference on corporate growth, said he has told LA gazillionares that he had no plans to sell the Times, but "... if you have a price, we can talk." So does he mean he WOULD sell the paper, but NOT to those guys? Sounds like he'd sell if the price was right. You know, maximize his profits. See post below. (end of post)

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