Koch Industries will not be buying the Tribune Company’s
eight newspapers, which include the Chicago Tribune and the LA Times, The Daily
Caller has learned. Sources with knowledge of the business proceedings told The
Daily Caller that Koch Industries, after conducting its due diligence, has not
been interested in buying the newspapers for “a couple months.” The company
determined that purchasing the newspapers was “not economically viable” and
that both parties walked away from the negotiations, they said.
