You can take Koch Industries off the list of potential buyers for the Los Angeles Times and other Tribune publications. A spokeswoman for the Wichita, Kansas-based company told Bloomberg that Koch is no longer interested in bidding for the newspapers. The Daily Caller website initially reported that Koch decided it would not be buying any of Tribune’s daily newspapers after conducting a review. ”Koch continues to have an interest in the media business and we’re exploring a broad range of opportunities where we think we can add value,” Koch spokeswoman Melissa Cohlmia said in an e-mail to Bloomberg. The Kochs had been named among several potential Tribune buyers, people familiar with the negotiations said back in March. That group included News Corp., Berkshire Hathaway, Wrapports LLC and Freedom Communications.
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This article was printed from http://www.deadline.com/2013/08/koch-industries-passing-on-tribune-newspapers-bloomberg/