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flamingdem

(39,333 posts)
Mon Jun 3, 2013, 03:46 PM Jun 2013

Activists outside L.A. Times building protest potential sale to Koch brothers

http://www.latimes.com/business/money/la-fi-mo-activists-rally-outside-la-times-building-to-protest-potential-sale-to-koch-brothers-20130529,0,4368710.story

Good grief it's Murdoch lining up after the Kochs. HELLLLLP

--- snip
However, sources with knowledge of the matter say the Kochs are actively pursuing Tribune’s stable of papers. Other potential bidders include Rupert Murdoch’s News Corp. as well as a group of wealthy Southern Californians headed by Austin Beutner, a former investment banker and ex-deputy mayor of Los Angeles.

The Courage Campaign, an activist group that spearheaded the rally, handed a box to Times security guards with what it said were signatures from almost 500,000 people nationwide opposing a sale to the Kochs. The group requested that the signatures be delivered to Times publisher Eddy Hartenstein.
Last week, about 100 activists gathered in Beverly Hills in a demonstration targeted at Bruce Karsh, Tribune chairman and co-founder of Oaktree Capital Management, a Los Angeles investment firm that is the largest single holder of Tribune stock.

The protesters focused on Karsh because Oaktree manages pension investments on behalf of unionized government employees, including those in the California Public Employees' Retirement System. Unions have opposed selling The Times to the Koch brothers, who they say want to skew the paper's coverage to favor anti-union objectives.
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Activists outside L.A. Times building protest potential sale to Koch brothers (Original Post) flamingdem Jun 2013 OP
k&r nt steve2470 Jun 2013 #1
good grief navarth Jun 2013 #2
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