OC Register owner Aaron Kushner as seen by LAObserved.com
We were intrigued with this from the union-funded Voice of OC last month: Owner of OC Register Considering Purchase of Los Angeles Times. The Register’s Opinion Editor, Brian Calle, had also mentioned it to a CRA meeting we’d attended.
The LA Times might just be a bargain about now, with a rumored asking price in the $300-400 million range. Per LA Observed in December:
In 2006, David Geffen reportedly made a cash offer of $2 billion for the LA Times alone. Now it will fetch much less, if it comes on the market. Orange County Register owner Aaron Kushner said last week he would be interested in acquiring the Tribune papers. “We clearly have the means and the team by which to look seriously at the Tribune papers and, from the outside, they may very well have enough of the elements that we’re looking for,” he told reporters. Kushner said it makes sense for Tribune to sell the papers as a group.