If this is true, this will be even more of a wonderful punishment. This is like the hog Rosie buying that magazine and sinking millions into it and then having to bury it or sell it if she can find a buyer.
All the reports say he wants to arrange to buy back CNN from AOL.
Hopefully, this will happen, and Teddy Fonda will sink every last penny he owns into CNN. He will make it even more arrogant and left wing. That will make it like other left wing organizations, a dying critter just waiting for the final curtain call.