Report: Sheldon Adelson Was Indeed Mystery Buyer of Las Vegas Newspaper

Sheldon Adelson, chairman and chief executive officer of the Las Vegas Sands Corporation, attends the forum featuring Nobel Peace laureate Elie Wiesel and Sen. Ted Cruz on guarding against a nuclear Iran on Monday, March 2, 2015, in the Dirksen Senate Office Building.
Bill Clark—CQ-Roll Call,Inc./Getty Images
By Sarah Begley
December 16, 2015

Sheldon Adelson was the buyer of the Las Vegas Review-Journal, Nevada’s largest daily newspaper, for $140 million, Fortune.com reports.

The business magazine reports, citing anonymous sources, that the chairman and CEO of casino operator Las Vegas Sands Corp. — a regular contributor to Republican Party candidates — took great pains to keep the purchase of the newspaper anonymous. He did not respond to Fortune’s requests for comment.

It’s unclear what motivated Adelson to seek anonymity in the purchase of a newspaper in a swing-state around 12 months before a presidential election.

Read more at Fortune.

Contact us at editors@time.com.

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