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FILE - In this Jan. 10, 2017, file photo, pharmaceuticals billionaire Dr. Patrick Soon-Shiong waves as he arrives in the lobby of Trump Tower in New York for a meeting with President-elect Donald Trump. The Los Angeles Times is reporting its parent company is in talks to be sold to Soon-Shiong. The Washington Post first reported Tuesday, Feb. 6, 2018 that the sale was being negotiated by Tronc Inc., formerly Tribune Publishing. The Times then reported that the price was $500 million and would include the San Diego Union-Tribune. Chicago-based Tronc owns 10 U.S. newspapers. (AP Photo/Evan Vucci, File)

FILE - In this Jan. 10, 2017, file photo, pharmaceuticals billionaire Dr. Patrick Soon-Shiong waves as he arrives in the lobby of Trump Tower in New York for a meeting with President-elect Donald Trump. The Los Angeles Times is reporting its parent company is in talks to be sold to Soon-Shiong. The Washington Post first reported Tuesday, Feb. 6, 2018 that the sale was being negotiated by Tronc Inc., formerly Tribune Publishing. The Times then reported that the price was $500 million and would include the San Diego Union-Tribune. Chicago-based Tronc owns 10 U.S. newspapers. (AP Photo/Evan Vucci, File)

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