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Re “Owner of L.A. Times files for bankruptcy,” Dec. 9
Everything we’ve waited to discover about Sam Zell is revealed in the last paragraph of his letter announcing the bankruptcy: “ ... we’ve reduced costs, gained market share, and laid the groundwork for creating a new business model.”
That he’d rank reducing costs first, above all else, says it all.
So, Mr. Zell, to reduce costs, how’s about selling The Times to local ownership?
Daniel J. Lubin
Rancho Palos Verdes
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