There were all kinds of rumors and media reports swirling yesterday about Papa Doug Manchester – the owner of the U-T San Diego – wanting to buy the LA Times and its mother company, the Tribune Company.
Doug Porter – over at San Diego Free Press – was on top of the story yesterday, and today I asked him for an update, and here’s what he sent me via email:
I’m shocked to discover that Doug Manchester can’t afford a heading aid. His minions over at the UT are now saying that Papa Doug ‘misunderstood’ a question asked of him as he spoke to a room full of Republican ladies. So this deal isn’t gonna happen. Or,more likely,he got laughed out the room.
Doug, of course, writes a daily column, and here’s what he wrote in it today:
You can forget about the story that appeared here yesterday about the publisher of UT-San Diego wanting to buy the Los Angeles Times. It was all a misunderstanding.
So says the U-T San Diego’s CEO John Lynch in a late night email to the La Jolla Patch, which broke the story.
Late Monday night, U-T San Diego CEO John Lynch told Patch that publisher Doug Manchester, “who had just returned from traveling, misunderstood [a question from the audience] and indicated the U-T was interested in the Tribune.”
Manchester, 70, had been asked a question regarding the Tribune Co. and the U-T’s interest in acquiring it, Lynch said via email