Tribune Papers Likely to Be Sold, Murdoch Tweets

Reuters: Rupert Murdoch, co-chairman of Wall Street Journal publisher News Corp. on Friday said he had “strong word” that Tribune Publishing’s newspaper group will be bought by a Wall Street firm, while the Los Angeles Times will be split off and purchased by local investors including philanthropist Eli Broad. Murdoch, who is also co-chairman of 21st Century Fox, made his comments on Twitter.