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
What the Government is actually going to enforce Anti-Trust laws for once?
The guy spent the money knowing full well the Democrats have his back. The Democrats will button this thing up quickly so they can put the purchase by one of their strongest allies to good use this upcoming election cycle.