Patrick Soon-Shiong Wants to Raise $500 Million for the LA Times, but Who Would Invest? | Analysis

Shioing is circulating a private placement offering doc that is laden with the downsides that overshadow much happy talk.
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Los Angeles Times Owner's Pitch Deck to Investors Reveals Vision for Public Offering Bet

"We have incurred operating losses in the past, may incur operating losses in the future, and may not achieve or maintain profitability in the future." Yes, that's singling out boilerplate corporate ...