The multi-cultural media blog Journalisms is reporting that Asian American billionaire Patrick Soon-Shiong may be interested in buying the Los Angeles Times.
Soon-Shiong is the richest man in Los Angeles and co-inventor of some 50 patents. Journalisms says his daughter recently interned at the Times and he is interested in buying something to make a civic contribution.
You can read a lot more about the rumored deal in Journalisms.