Rupert Murdoch indulged in some good old-fashioned rumor-mongering over the weekend, triggering an online frenzy with his tweet on Friday that Tribune Publishing will be sold in the near future. However, Tribune moved to dispel the rumor Monday, with a statement that it has no offers pending and is not for sale.
Murdoch’s original tweet read, “Strong word Tribune newspaper group to be bought by big Wall St firm, LA Times to go to philanthropist Eli Broad and local group.”
This seemed to fit with the ongoing media narrative about Broad’s interest in the LAT, which led to the firing of former publisher Austin Beutner for supporting Broad’s bid.
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