History
The newspaper was founded in 1911 by Alfonso Villegas Restrepo. In 1913 it was purchased by his brother-in-law, Eduardo Santos Montejo. From then until 2007, El Tiempo's main shareholders were members of the Santos family, as part of the media conglomerate Casa Editorial El Tiempo. In 2007, the Spanish Grupo Planeta obtained majority ownership of the daily, but in 2012 sold majority ownership to Luis Carlos Sarmiento Angulo who now owns 86% of El Tiempo.
Read more about this topic: El Tiempo (Colombia)
Famous quotes containing the word history:
“If you look at history you’ll find that no state has been so plagued by its rulers as when power has fallen into the hands of some dabbler in philosophy or literary addict.”
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