Chandler Family in Talks to Bid on Tribune Company

Today's New York Times has more details on a story that could impact the Los Angeles Times, once owned by the Chandler family and now the largest shareholder in the Tribune Company of Chicago. Tribune has put the LA Times and other assets up for auction, but there hasn't been very much interest, so the Chandlers might be forming a consortium to buy some of those assets or to start a bidding war.