The Los Angeles Times Media Group, which includes the 144-year-old newspaper, a digital production studio and a gaming company, is moving forward to make shares in the combined entity available to the public, the company announced Thursday.

The company plans a round of private placement financing aimed at attracting large investors, private equity groups and institutions. The move will be followed by a Regulation A offering, which will make shares available on the New York Stock Exchange, where it will be listed under the ticker symbol of LAT.

Dr. Patrick Soon-Shiong, chairman and chief executive of Los Angeles Times Media Group, said in an interview that he is looking to raise up to $500 million to build the company into a financially sustainable operation with the newspaper’s journalis

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