Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson May Be the Mystery Customer

Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson May Be the Mystery Customer

The Las Vegas Review-Journal has announced that it has a new owner, not perhaps the staff knows who it’s.

Did Sheldon Adelson, whose nevada casino the Venetian is readying for today’s final GOP debate, purchase the Las Las Vegas Review-Journal? Many are saying ‘yes,’ but no one but the buyer him or herself knows without a doubt at this juncture.

The $140 million cost tag for Nevada’s primary newspaper would be chump change for the billionaire, of program. But as town news sources go, it is considered a complete lot at any given time as soon as the print publishing industry is in decline.

But the mystery surrounding the purchase is what really has folks talking, as nobody, not really apparently the newspaper’s staff, knows the identification of the owner that is new.

What we can say for certain is this: last Thursday, a business called Information + Media Capital Group paid method over market value to take control of the newspaper from the previous owner, New Media Investment Group, which had bought it earlier in the 12 months for just $102 million.

Who owns the very recently incorporated News + Media Capital Group have not also been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at getting to the bottom of a whole story, scraping their minds.

‘Do Not Worry About Who We Are’

Michael Schroeder, a News + Media Capital Group manager, told Continue reading Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson May Be the Mystery Customer