Both The Los Angeles Times and Reuters have said that News Corp is currently in talks to acquire the Los Angeles Times and The Chicago Tribune. And both, according to News Corp., are wrong. “Reports that News Corp. is in discussions with Tribune or the L.A. Times are wholly inaccurate,” Julie Henderson, a spokesperson for the company, told Bloomberg News in an email.
The LA Times reported that News Corp. is in talks with the debt holders of Tribune Company (parent of the LA Times and Chicago Tribune). Those holders will become majority holders of the company when it emerges from bankruptcy.
Reuters has updated their report, saying that their source redacted info. The LA Times is sticking by its claim.