Feder: L.A. Times owner reportedly looking to acquire tronc

Patrick Soon-Shiong, the biotech billionaire who paid $500 million to buy the Los Angeles Times from Chicago-based tronc, may have his sights on acquiring the rest of the Chicago Tribune's parent company, Robert Feder writes. Business Insider reports that Soon-Shiong is seeking to join an investor group that's been in talks with tronc since early August. Get the full report and more Chicago media news at robertfeder.com.