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Los Angeles Times

Newspaper deal falls apart as Gannett gives up on Tronc

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USA Today publisher Gannett walked away Tuesday from its attempted takeover of Tronc, the owner of the Los Angeles Times, Chicago Tribune and other major dailies. Gannett’s target was elusive from the beginning, with a publicly contentious back-and-forth between the two companies. Tronc, formerly known as Tribune Publishing, rejected at least two bids from Gannett since April because it said it preferred to go it alone and focus on tech-driven initiatives involving artificial intelligence and global expansion in entertainment news…

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Tribune adopts shareholder rights plan to fend off Gannett

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Fending off an unsolicited takeover by the owner of USA Today, Chicago’s Tribune Publishing has adopted shareholder rights plan, a so-called “poison pill.” Gannett offered to buy Tribune Publishing last month for $815 million. Tribune rejected the offer last week, saying the price was too low. The company owns the Los Angeles Times, Chicago Tribune and a number of other newspapers. The plan announced Monday allows existing shareholders to buy preferred stock if a person or group acquires at least…

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Reporter Ivan Penn to leave Tampa Bay Times for Los Angeles

in The Bay and the 'Burg/Top Headlines by

Tampa Bay Times staff writer Ivan Penn is leaving St. Petersburg for California, to take a position as energy reporter for the Los Angeles Times. Penn said he would be making the move sometime this summer. The Washington, D.C., native reported on utilities and energy issues at the Times since July 2006. Prior to that, he worked at the Baltimore Sun for 12 years. Penn’s beat, as part of the Times’ business team, was covering utilities, energy and consumer issues…

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Florida shouldn’t imitate Arizona immigration law

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The Los Angelas Times reprints an editorial first posted in the Orlando Sentinel: Proving that they know how to read polls, politicians in Florida have been lining up behind Arizona’s controversial new law cracking down on illegal immigration. Republican candidate for governor Rick Scott has made support for the law a major plank in his platform, and goaded the GOP front-runner in the race, Attorney General Bill McCollum, into endorsing the idea. The leading Republican for U.S. Senate, Marco Rubio,…

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Florida shouldn’t imitate Arizona immigration law

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The Los Angelas Times reprints an editorial first posted in the Orlando Sentinel: Proving that they know how to read polls, politicians in Florida have been lining up behind Arizona’s controversial new law cracking down on illegal immigration. Republican candidate for governor Rick Scott has made support for the law a major plank in his platform, and goaded the GOP front-runner in the race, Attorney General Bill McCollum, into endorsing the idea. The leading Republican for U.S. Senate, Marco Rubio,…

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5 things I think I think about today’s St. Petersburg Times

in Peter/The Bay and the 'Burg by

It’s not that I don’t like Ernest Hooper it’s just that I wish he knew what he was talking about when he writes about Florida politics.  Consider this airball: The media frenzy surrounding Gov. Charlie Crist’s independent bid for the U.S. Senate threatens to draw attention away from the governor’s race, but it’s no less important. Threatens to draw attention away from the governor’s race? Threatens? The race for the US Senate long ago sucked the oxygen out of the…

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5 things I think I think about today’s St. Petersburg Times

in Peter/The Bay and the 'Burg by

It’s not that I don’t like Ernest Hooper it’s just that I wish he knew what he was talking about when he writes about Florida politics.  Consider this airball: The media frenzy surrounding Gov. Charlie Crist’s independent bid for the U.S. Senate threatens to draw attention away from the governor’s race, but it’s no less important. Threatens to draw attention away from the governor’s race? Threatens? The race for the U.S. Senate long ago sucked the oxygen out of the…

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