Chicago Tribune | Content Bridges
The FCC has granted exemptions that should allow
Sam Zell to finally close his $8.2 billion deal to take Tribune private, but company sources acknowledge that closing the transaction may prove to be the easy part. "Tribune's outlook has darkened considerably since [the company and Zell] announced the deal in April," writes
Michael Oneal, "and it is clear that the same structure would have trouble passing muster with banks or investors today." ||
Related from
Ken Doctor.