This from a media blog:
Platinum is run by Tom Gores, who is worth a reported $2.2 billion. A similar company, Gores Group, is run by his brother Alec, who is worth $1.6 billion… The brothers failed in a joint attempt to buy Miramax and Platinum failed trying to buy the Boston Globe and Business Week Magazine.
[San Diego Reader reporter] Bauer wonders what might happen to the Union-Tribune if brother Alec is successful in a bid for Freedom Communications, owner of the Orange County Register. A consolidation perhaps?
***
Comments