Which Way, L.A.?
Tribune Company Weighs Latest Offer
Recent reports say the Tribune Company of Chicago was about to arrange an internal overhaul, rather than selling the Los Angeles Times , Channel 5 and other properties. Then, along came real estate maverick Sam Zell , who just sold his office development company for $39 billion, the biggest leveraged buyout in history. Michael Oneal…
By Warren Olney • • 1 min readRecent reports say the Tribune Company of Chicago was about to arrange an internal overhaul, rather than selling the Los Angeles Times, Channel 5 and other properties. Then, along came real estate maverick Sam Zell, who just sold his office development company for $39 billion, the biggest leveraged buyout in history. Michael Oneal reports for the Chicago Tribune, a sister publication of the LA Times.
