Los Angeles Times Media Group takes step to go public [Yahoo! Finance]
New York Times Company (The) (NYT)
Last new york times company (the) earnings: 2/6 07:00 am
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Source: Yahoo! Finance
The Los Angeles Times Media Group, which includes the 144-year-old newspaper, a digital production studio and a gaming company, is moving forward to make shares in the combined entity available to the public, the company announced Thursday. The company plans a round of private placement financing aimed at attracting large investors, private equity groups and institutions. The move will be followed by a Regulation A offering, which will make shares available on the New York Stock Exchange, where it will be listed under the ticker symbol of LAT. Dr. Patrick Soon-Shiong, chairman and chief executive of Los Angeles Times Media Group, said in an interview that he is looking to raise up to $500 million to build the company into a financially sustainable operation with the newspaper's journalism at its core. The private placement offering will consist of Series A preferred stock that carries a 7% annual interest rate and is convertible into common stock at a 25% discount of the potent
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- 11/6/25 - Form 144
- 11/5/25 - Form 10-Q
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