Billionaire Patrick Soon-Shiong close to deal to buy the L.A. Times and San Diego Union-Tribune
February 6, 2018Los Angeles biotech billionaire Patrick Soon-Shiong is nearing a deal to buy the Los Angeles Times and the San Diego Union-Tribune from their owner, Tronc, according to two people familiar with the talks.
The nearly $500-million cash deal, if consummated, would return The Times to local ownership…