"To be honest, we are all very blessed," said Larry Staver, 50, a Chandler relative whose career as a teacher left him distant from the fights over the paper.
The success of the Chandler empire allowed him to retire early. Now he spends his days building giant model trains near his home in Portland, Ore.
For The Record
Los Angeles Times Saturday April 07, 2007 Home Edition Main News Part A Page 2 National Desk 2 inches; 81 words Type of Material: Correction
Chandler family: A timeline accompanying an article in Tuesday's Section A about the founding family of the Los Angeles Times and its then-owner, Times Mirror Co., said the highest price of Tribune Co. stock since Tribune acquired Times Mirror in 2000 was $51.90 a share on April 13, 2004. Tribune's stock price peaked at $53 on Feb. 2, 2004, before the end of that day's trading session. The stock's highest daily close since the acquisition was $52.84 on Feb. 11, 2004.
"I was always very proud of the family being a part of such an outstanding newspaper," he said. "It's been a long and great run."
(BEGIN TEXT OF INFOBOX)
Key moments in the history of Tribune Co. and the Los Angeles Times:
June 10, 1847: The Chicago Tribune prints its first edition.
Dec. 4, 1881: The first edition of the Los Angeles Daily Times, which later drops the "Daily," is published.
1884: The Times Mirror Co., owner of The Times, is incorporated.
1910: Union extremists bomb the Times building, killing 20 employees and destroying the headquarters.
1924: Tribune launches radio station WGN (for "World's Greatest Newspaper").
1932: The Chicago Tribune wins its first of 24 Pulitzer Prizes.
1942: The Los Angeles Times wins its first of 37 Pulitzer Prizes.
1947: The Times become the largest-circulation newspaper in Los Angeles.
1948: Tribune enters the emerging television market with WGN-TV, while The Times partners with CBS to create station KTTV.
1960: Otis Chandler becomes publisher of The Times, launching the era of Times Mirror's growth into a national media company.
1980: Chandler retires as Times publisher.
1981: Tribune buys the Chicago Cubs for $20.5 million.
1983: Tribune, having grown into a media company with newspapers and TV and radio stations across the country, goes public, selling 7.7 million shares for $206 million.
1985: Tribune buys KTLA-TV in Los Angeles.
1990: The Times' circulation reaches an all-time high of 1,225,189 daily and 1,514,096 Sunday, making it the largest daily metropolitan newspaper in the country.
1995: Tribune launches its website, tribune.com.
1996: The Times launches latimes.com.
March 13, 2000: Tribune announces an agreement to acquire Times Mirror.
April 5, 2004: The Times wins five Pulitzer Prizes, the second-most ever awarded to a paper in one year.
April 13, 2004: Tribune stock reaches $51.90, its highest since buying Times Mirror.
Summer 2005: David Geffen, entertainment mogul, tells Tribune CEO Dennis J. FitzSimons he is interested in buying The Times but is rebuffed.
May 29, 2006: With its stock falling as low as $27.38, Tribune announces a plan to spend $2.4 billion to buy back shares.
June 14, 2006: The Chandler family, former Times owners and Tribune's second-largest shareholder with 12% of its stock, decry as "disastrous" strategic decisions by Tribune management and demand a breakup or sale of the company.
July 2006: Los Angeles billionaires Eli Broad and Ron Burkle separately express interest in buying The Times but are told the paper is not for sale.
Sept. 13, 2006: Times Publisher Jeffrey M. Johnson and editor Dean Baquet publicly express opposition to staff cuts demanded by Tribune executives. Johnson is forced out in October, Baquet in November.
Sept. 21, 2006: Tribune names a committee to explore options that could include a sale of some or all of its assets.
Nov. 2006: Broad and Burkle submit a bid to buy Tribune; Geffen offers $2 billion to purchase just The Times.
Jan. 2007: The Chandler family makes a bid to buy Tribune.
Feb. 2007: Chicago real estate magnate Sam Zell emerges as a potential bidder for Tribune.
April 2, 2007: Zell buys Tribune Co. in a deal valued at $8.2 billion, or $34 a share
Source: Times research by Scott Wilson