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Entries tagged "Tribune Co."Will the Cubs get tagged out by bankruptcy?The long and winding auction for the Chicago Cubs could be headed into the dugout. Cubs auction still in the park?More rumors than ever are circulating around the auction for the storied Major League Baseball team the Chicago Cubs. Beatty, Tribune spar over Dick Tracy venueWarren Beatty and Tribune Co. disagree over where to disagree, in a dispute over rights to Dick Tracy. Zell to lose control of Tribune?The company is reportedly in the early stages of a reorganization plan that would give senior lenders control of the company. No papering over troubles at publishersWith six newspaper publishers already in bankruptcy this year, earnings reports from E.W. Scripps and A.H. Belo indicate that at least two more could join them. Sam Zell's mea culpaThe billionaire admits that acquiring Tribune was a blunder that certainly cost him a fortune. Tribune's Ch. 11 forces combined newsroomThe move is part of a growing trend of media conglomerates combining their newsroom resources to save money during one of the harshest economic climates since the Great Depression. Tribune to Beatty: Give back Dick TracyThe bankrupt media company challenges actor-director Warren Beatty's claims to the "Dick Tracy" character and universe. Tribune selects favorite Cubs bidderThe Tribune Co. has selected its prefered bidder for the Chicago Cubs from amongst three finalists, according to today's Chicago Tribune.Tribune Co. and its investment banker, J.P. Morgan Chase & Co., have removed the names from the bids. The unsecured creditors committee will review the offers at a meeting Thursday. ... Winning Cubs bring more value to ZellWith the problems facing traditional media such as newspapers and broadcasting, it is an understatement to say that Sam Zell picked a challenging time to lead Tribune Co. into a debt-heavy privatization. Zell's timing is a little more fortunate on another matter, however: the sale of the Chicago Cubs baseball team and Wrigley Field. The Cubs lead the National League's Central division, have the most wins in Major League Baseball and are piling up cash. ... Cubs take first round of bidsFirst-round bids for the Tribune Co.'s Chicago Cubs and related assets came in on Friday. Nine or 10 bidders joined the fray for the baseball team, with as many as 20 bidding for its real estate assets -- primarily Wrigley Field, the Cubs' home stadium, according to a source involved in the auction.... Bids for Cubs due by end of FridayBids for the Chicago Cubs are due Friday. There are apparently 10 potential bidders who have stepped up to the plate for the Cubs, Wrigley Field and a 25% stake in Comcast SportsNet Chicago. One of those bidders is rumored to be entrepreneur Mark Cuban. ... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Tribune Co.." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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