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The Los Angeles Times in a newspaper vending machine. Photo: Robyn Beck / AFP via Getty Images

Newspaper owner Tronc sold the Los Angeles Times to Dr. Patrick Soon-Shiong for $500 million, according to the AP. Soon-Shiong is also buying the publication's sister newspaper, the San Diego Union-Tribune.

The backdrop: The deal comes on the heels of ongoing tensions between the paper’s top ranks and journalists that has spilled into public view in recent weeks.

Who is Patrick Soon-Shiong:

  • Per Axios' Bob Herman, Soon-Shiong is the world's richest doctor and chief executive of NantHealth, and he's reportedly known to hype his own products and steer business back to his own companies.
  • An investigation by the health news website STAT, last year found that Soon-Shiong’s plan to eradicate cancer under his “Cancer MoonShot 2020” has made “very little scientific progress.” The publication said it appears to be a marketing ploy for the doctor to promote his expensive new cancer diagnostic tool.
  • STAT reported Soon-Shiong declined repeated requests for comment, but spokeswoman Jen Hodson sent in statements attributed to him said there has been “remarkable progress.”

Go deeper

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Coronavirus cases rose 10% in the week before Thanksgiving.
  2. Politics: Supreme Court backs religious groups on New York coronavirus restrictions.
  3. World: Expert says COVID vaccine likely won't be available in Africa until Q2 of 2021 — Europeans extend lockdowns.
  4. Economy: The winners and losers of the COVID holiday season.
  5. Education: National standardized tests delayed until 2022.
3 hours ago - Health

Standardized testing becomes another pandemic victim

Photo: Edmund D. Fountain for The Washington Post via Getty

National standardized reading and math tests have been pushed from next year to 2022, the National Center for Education Statistics (NCES) announced Wednesday.

Why it matters: There’s mounting national evidence that students are suffering major setbacks this year, with a surge in the number of failing grades.

4 hours ago - World

European countries extend lockdowns

A medical worker takes a COVID-19 throat swab sample at the Berlin-Brandenburg Airport. Photo by Maja Hitij via Getty

Recent spikes in COVID-19 infections across Europe have led authorities to extend restrictions ahead of the holiday season.

Why it matters: "Relaxing too fast and too much is a risk for a third wave after Christmas," said European Commission President Ursula von der Leyen.

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