Local Billionaire To Take Control Of The LA Times Monday

LOS ANGELES (AP) — A biotech billionaire who purchased the Los Angeles Times with an eye toward restoring its independence and vigor will officially take control of the news organization Monday, the newspaper reports . Dr. Patrick Soon-Shiong (soon-shong) is spending $500 million to buy The Times, San Diego Union-Tibune, Spanish-language newspaper Hoy and some community newspapers […]