Weekend Rumors

0
1050

Rupert Murdoch is spreading rumors on Twitter that if true could prove to be the first sign of a possible change of ownership for the Hartford Courant and other Tribune Publishing newspapers.

Late Friday Murdoch posted that he believes Tribune Publishing is about to be sold to a Wall St. based investment firm and that the Los Angeles Times is going to be split off and purchased by local investors.

Screen Shot 2015-11-28 at 6.09.45 PM

There is no confirmation from Tribune Publishing or from Eli Broad, the Los Angeles philanthropist who has expressed interest in the Los Angeles Times in the past. Murdoch has been quoted as saying he has no interest in any of the Tribune properties.

Developing…