The Los Angeles Times will become a publicly traded company, its billionaire owner Patrick Soon-Shiong announced on “The Daily Show.”
“Whether you right, left, Democrat, Republican, you’re an American. So the opportunity for us to provide a paper that is the voices of the people, truly the voices of the people [is important],” Soon-Shiong said. “So I’m going to announce something with you tonight…that we are going to take LA Times public and allow it to be democratized and allow the public to have ownership of this paper.”
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