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Evidently, the potential for undue political influence is a very big, big deal. Most business types are looking for at least a 15-20% ROI irrespective of political persuasion.
This entity either has that potential, or its value is not in ROI but something else. Could that be Return on Liberal Views and Influence Investment?
I’m not sure this will go through. The anti-trust division of the DOJ is objecting to the Times buying the Register.
http://www.ocregister.com/articles/tribune-708319-antitrust-justice.html
This is bad news because the Orange County Register was fairly conservative. And the LA Times is leftist.