Soon-Shiong Ups tronc Stake, Within 1 Percent of Ferro

Posted Wednesday, March 22, 2017 7:48 am

Diane Haithman | Los Angeles Business Journal

L.A. biotech billionaire Patrick Soon-Shiong has upped his stake in Los Angeles Times parent tronc Inc. to 24 percent, nearly overtaking tronc's largest shareholder, Michael Ferro, in a move that may further stoke rumors he could be positioning himself to make a run at the company.

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Soon-Shiong Ups tronc Stake, Within 1 Percent of Ferro

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