Entries tagged "Tribune Co"
It appears that the the Chicago Cubs are headed into the hands of one the hometown favorites, as Chicago financier Tom Ricketts is expected to be named the winner of the auction for the storied baseball team. Multiple press reports say that the current owner Tribune Co. chose Ricketts, the president of bond dealer Incapital LLC, as the winner with a bid rumored to be around $900 million. ...
Dallas Mavericks owner Mark Cuban, who is known for his outspoken antics both at court side and in the media, finally spoke out on his last involvement in the Cubs auction via his Web site Blog Maverick....
Sam Zell's Tribune Co., which publishes the Chicago Tribune and Los Angeles Times, has filed for Chapter 11 bankruptcy protection only a day after the media reported that the company, which also owns TV stations and the Chicago Cubs, hired investment bank Lazard as its financial adviser and law firm Sidley Austin LLP to advise it on a potential bankruptcy filing. ...