To: Zakeet
6 posted on
10/25/2012 9:31:07 AM PDT by
abb
("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
To: abb
There was a story a few days ago that Murdoch is looking at buying the Chicago Trib and the LA Times..there are no other real buyers, and he can probably get them at a really cheap. This, with the WSJ puts him on the path to a national newspaper..and it wouldn't surprise me if he can also grab the WaPo..This makes the Times supposed vision of a national paper..for advertisers..essentially worthless.
Or, the stories about buying the Trib and the LA Times could all be a feint, designed to force the heirs to sell the Times to Murdoch. Remember, there has been no dividend for almost 4 years..so lots of people in the family are hurting, and the stock price is down 90% from 10 years ago..
It's a $9/share now..no real upside prospects..and there's not much left to sell off. I wonder if an offer of $15/share..cash would crack open the voting trusts...Rupert did it with the Bancrofts..got them to sell the WSJ..
20 posted on
10/25/2012 10:20:19 AM PDT by
ken5050
(Another reason to vote for Mitt: The Mormon Tabernacle Choir will perform at the WH Christmas party)
To: abb
There was a story a few days ago that Murdoch is looking at buying the Chicago Trib and the LA Times..there are no other real buyers, and he can probably get them at a really cheap. This, with the WSJ puts him on the path to a national newspaper..and it wouldn't surprise me if he can also grab the WaPo..This makes the Times supposed vision of a national paper..for advertisers..essentially worthless.
Or, the stories about buying the Trib and the LA Times could all be a feint, designed to force the heirs to sell the Times to Murdoch. Remember, there has been no dividend for almost 4 years..so lots of people in the family are hurting, and the stock price is down 90% from 10 years ago..
It's a $9/share now..no real upside prospects..and there's not much left to sell off. I wonder if an offer of $15/share..cash would crack open the voting trusts...Rupert did it with the Bancrofts..got them to sell the WSJ..
23 posted on
10/25/2012 10:22:52 AM PDT by
ken5050
(Another reason to vote for Mitt: The Mormon Tabernacle Choir will perform at the WH Christmas party)
To: abb
There was a story a few days ago that Murdoch is looking at buying the Chicago Trib and the LA Times..there are no other real buyers, and he can probably get them at a really cheap. This, with the WSJ puts him on the path to a national newspaper..and it wouldn't surprise me if he can also grab the WaPo..This makes the Times supposed vision of a national paper..for advertisers..essentially worthless.
Or, the stories about buying the Trib and the LA Times could all be a feint, designed to force the heirs to sell the Times to Murdoch. Remember, there has been no dividend for almost 4 years..so lots of people in the family are hurting, and the stock price is down 90% from 10 years ago..
It's a $9/share now..no real upside prospects..and there's not much left to sell off. I wonder if an offer of $15/share..cash would crack open the voting trusts...Rupert did it with the Bancrofts..got them to sell the WSJ..
24 posted on
10/25/2012 10:22:52 AM PDT by
ken5050
(Another reason to vote for Mitt: The Mormon Tabernacle Choir will perform at the WH Christmas party)
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