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Is Patrick Soon-Shiong the LA Times' Jeff Bezos?




CEO of Abraxis Health Institute Patrick Soon-Shiong during a Urban Economic Forum co-hosted by White House Business Council and U.S. Small Business Administration at Loyola Marymount University on March 22, 2012 in Los Angeles, California.
CEO of Abraxis Health Institute Patrick Soon-Shiong during a Urban Economic Forum co-hosted by White House Business Council and U.S. Small Business Administration at Loyola Marymount University on March 22, 2012 in Los Angeles, California.
Kevork Djansezian/Getty Images

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The Los Angeles Times has been sold to local billionaire and physician Patrick Soon-Shiong for $500 million, ending a strained tenure under Tronc, the owner of the Chicago Tribune.

The Los Angeles Times and Tronc confirmed the sale early Wednesday.

Read KPCC’s story here.

Guest:

David Folkenflik, media correspondent for NPR who’s been covering the story