Fresh News: Please, Please, Please someone wake us when this shit is over!!
Published: Wednesday, January 31, 2007
Will we ever be Tribune free? Will this company ever make up its mind and either sell itself or keep itself or just die. Just when we thought all was well with Rupert Murdoch's reported involvement and all, here comes yet another road block to stop us from being Tribune free.An offer for Tribune Co. from its largest shareholder, Chandler Trusts, which was due to expire on Wednesday has been extended, a source close to the Chandlers said. Chandler Trusts, which in June urged Tribune to break itself up or consider a sale, two weeks ago proposed taking the company private in a deal valuing Tribune at $7.6 billion or $31.70 a share. Under the deal, Chandler would buy Tribune's newspaper business and spin off its broadcasting unit. Tribune offer from Chandlers deadline extended: source [Reuters] Labels: FreshNews, NEWSPAPERS, RupertMurdoch, Tribune |



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