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| July 21, 2019

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Tribune Archives -

Sam Zell settles lawsuit over Tribune leveraged-buyout ‘deal from hell’

June 14, 2019 |

More than a decade after Tribune Co. went private in a leveraged buyout that saddled the Los Angeles Times’ then-owner with $ 13 billion in debt and led to its bankruptcy, Sam Zell and dozens of former executives have agreed to pay $ 200 million to settle a lawsuit brought by unsecured creditors.


L.A. Times – Business

In Tribune Publishing shakeup, CEO and former Times executives leave

January 18, 2019 |

Tribune Publishing, after months of turmoil, has shaken up its leadership in a dramatic overhaul that further distances the company’s management from its former chairman, Michael Ferro.

The Chicago-based company announced late Thursday that Chief Executive Officer Justin Dearborn was stepping down…


L.A. Times – Business

Tribune Publishing Recently Tried to Rekindle Merger Talks With Gannett

January 17, 2019 |

Gannett was recently approached by Tribune Publishing about reviving merger talks in the weeks before Gannett became the target of a takeover bid by MNG, aka Digital First Media.
WSJ.com: US Business

Tribune Publishing deal to sell itself to McClatchy is off

December 13, 2018 |

Tribune Publishing Co. has terminated negotiations to sell itself to fellow newspaper company McClatchy Co., a person familiar with the matter said Thursday.

The decision, reached by the Tribune Publishing board Thursday, followed several months of negotiations with McClatchy. The source said potential…


L.A. Times – Business

Tribune Publishing gets bids from McClatchy, AIM Media and Donerail

November 3, 2018 |

Investment firm Donerail Group and newspaper publishers McClatchy Co. and AIM Media have submitted bids for Tribune Publishing Co., according to people familiar with the matter.

Tribune’s board is scheduled to meet early next week after bids for the assets came due Thursday, said the people, who…


L.A. Times – Business

Tribune Media terminates sale to Sinclair Broadcast Group, seeks $1 billion in damages

August 9, 2018 |

Sinclair Broadcast Group’s proposed $ 3.9-billion deal to acquire Tribune Media is dead.

Tribune announced Thursday that it is terminating the merger agreement. The companies had the option to kill the sale if it had not closed by Aug. 8. The deal was first announced in May 2017.

Tribune also said…


L.A. Times – Business

Tribune Media withdraws from Sinclair merger, saying it will sue for ‘breach of contract’

August 9, 2018 |

Tribune Media said Thursday that it would withdraw from its $ 3.9-billion merger with Sinclair Broadcast Group, adding that it would sue Sinclair for “breach of contract” over its failed negotiations with regulators over the deal.

The breakdown of the deal reflects a stunning reversal of fortunes…


L.A. Times – Business

Sinclair station sales risk new scrutiny as part of Tribune deal

July 4, 2018 |

Sinclair Broadcast Group Inc.’s bid to become a broadcasting powerhouse by purchasing Tribune Media Co. hinges on spinning off TV stations to comply with U.S. limits on broadcast ownership.

Yet its proposals to sell stations from Pennsylvania to California are drawing fresh scrutiny as critics,…


L.A. Times – Business

Chicago Tribune owner seeks to buy Sun-Times

May 15, 2017 |

In the long and raucous, altogether lively if recently beleaguered history of Chicago newspapers, Monday will rank as a “stop-the-presses” day after it was announced that, in short headline style: “Chicago Tribune Seeks To Buy Chicago Sun-Times.”

Tronc, the parent company of the Tribune, has entered…


L.A. Times – Business

United CEO: ‘This company is going to work’ – Chicago Tribune

June 8, 2016 |

Chicago Tribune

United CEO: 'This company is going to work'
Chicago Tribune
At his first annual shareholder meeting as CEO of United Continental Holdings, Oscar Munoz acknowledged that six years after United and Continental officially joined in 2010, they've yet to be "successfully integrated." But Munoz said he's committed to …
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all 32 news articles »

Business – Google News