It doesn’t work that way. They are spinning it off into a separate, publicly traded company. It’s conceivable some right wing billionaire could buy a controlling interest, since its market cap wil be much lower than Comcast, but I doubt it will be Musk. Where are the Dem billionaires though?
Good question. Will a new owner keep any of them? I wonder if those who remained would feel that what is left of their journalistic integrity is being held hostage. Would advertisers bail?
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