Magazine article Editor & Publisher

A DOZEN TRIBUNE LINKS: Broad and Burkle Mull Options, Employees Look at ESOP, David Geffen, More

Magazine article Editor & Publisher

A DOZEN TRIBUNE LINKS: Broad and Burkle Mull Options, Employees Look at ESOP, David Geffen, More

Article excerpt

Following Monday's announcement that the Tribune company had accepted a buyout offer from Chicago real estate mogul Sam Zell, everyone seems to be weighing in on different aspects of the deal and who might be affected. Here are a dozen articles of note today about the sale and its possible aftermath.

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-- Chicago Tribune: Poor timing and the Chandler family's brawl with management contributed to Tribune's lower-than-desired sale price.

-- Los Angeles Times: David Geffen said Monday that he would still like to acquire the LA Times. "I think there is an opportunity for Tribune Co. of Chicago to maximize shareholder value" by selling him the paper, he said.

-- Wall Street Journal: Tribune Co. and Sam Zell just took out a risky loan on the future of the newspaper industry. Now, they have to start paying it back.

-- Chicago Sun-Times: Excluding Wrigley Field from any deal involving the sale of the Cubs would at most repel some potential buyers and at least add significant risk to a deal that could potentially be the most lucrative franchise sale in baseball history.

-- The Sun of Baltimore: Zell's no-nonsense style closed the Tribune deal. …

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