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:
“The history of the past is but one long struggle upward to equality.”
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