Sam Zell has, indeed, bought Tribune Co. Shareholders still have to accept the deal, but: “If Tribune decides to accept another buyout offer before its shareholders approve the deal, the company will have to pay Zell a $25 million breakup fee.” (Why hasn’t anyone else thought of a break-up fee?) Part of the deal means [...]
- Posted by Erica Smith at 04:52 am
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- Filed under: ABC News, Atlanta Journal-Constitution, Chicago, Chicago Sun-Times, Chicago Tribune, CNN, Google, MSNBC, redesign, RedEye, Sam Zell, Tribune Co.