Eli Broad Wants to Purchase the L.A. Times (2012)

“Eli Broad, the billionaire businessman who has invested heavily in his hometown of Los Angeles, has reiterated his interest in buying the Los Angeles Times, both in a new book and in an interview with the Times.[…] Broad told the Times he would want to partner with “foundations or wealthy families” to reclaim the city’s journalistic crown jewel, one that has been tarnished by financial and editorial upheaval.”