Tronc soars after finding a buyer for the Los Angeles Times (TRNC)

REUTERS/Lucy Nicholson Shares of Tronc jumped 20% after the company announced it was selling the Los Angeles Times to billionaire Patrick Soon-Shiong. The paper has been a thorn in Tronc's side after the newsroom voted to unionize last month. Watch Tronc's shares trade in real time here. Shares of Tronc soared 20% in early Wednesday trading after the company found a suitor to buy the Los Angeles Times. Patrick Soon-Shiong, a Los Angeles-based physician and a major shareholder of Tronc, will buy ...