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

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

The Las Vegas Review-Journal has announced it is that it has a new owner, but not even the staff knows who.

Did Sheldon Adelson, whose Las vegas, nevada casino the Venetian is readying for tonight’s final GOP debate, purchase the Las Vegas Review-Journal? Many are saying ‘yes,’ but no one but the buyer him or herself knows for certain at this juncture.

The $140 million cost tag for Nevada’s main newspaper would be change that is chump the billionaire, of course. But as town news sources go, it is considered lot at the same time when the printing publishing industry is in decline.

Nevertheless the mystery surrounding the purchase is what really has folks talking, as nobody, not even evidently the newspaper’s staff, knows the identity of the new owner.

That which we do know for sure is this: final Thursday, a company called Information + Media Capital Group paid means over market value to take control of the newspaper from its previous owner, New Media Investment Group, which had bought it previously in the 12 months just for $102 million.

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

‘Don’t Stress About Who We Are’

Michael Schroeder, a News + Media Capital Group manager, told staff in a me

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