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Back to Which Way, L.A.?

Which Way, L.A.?

Will Sam Zell’s Deal for the Tribune Company Get Stalled?

Last week, Sam Zell, the real estate magnate and likely new owner of the LA Times, made his first visit to the paper since offering to buy the Tribune Company. Zell’s meeting with senior management was off the record.  Tomorrow, Tribune shareholders will meet in Chicago. Will they vote their approval for his 8.2 billion dollar plan?

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By Warren Olney • May 12, 2014 • 1 min read

Last week, Sam Zell, the real estate magnate and likely new owner of the LA Times, made his first visit to the paper since offering to buy the Tribune Company. Zell’s meeting with senior management was off the record. Tomorrow, Tribune shareholders will meet in Chicago. Will they vote their approval for his 8.2 billion dollar plan? Even if they do, can the company and its lenders close the deal?

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

  • KCRW placeholder

    Karen Radziner

    Managing Producer, To the Point & Which Way LA?

  • KCRW placeholder

    Christian Bordal

    Managing Producer, Greater LA

  • KCRW placeholder

    Michael Hiltzik

    business columnist for the LA Times

    News
Back to Which Way, L.A.?