Freedom Newspapers spurned Harry Hoiles again.
- Share via
The controlling shareholders of the Santa Ana-based publisher of the Orange County Register and 28 other newspapers turned down an offer by Hoiles, a dissident holder, and his family that placed a value of more than $1 billion on the media chain. Hoiles, 69, whose family owns about one-third of the company’s stock, said he will talk to his lawyers and investment advisers before taking his next step in the fight for control of the company.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
