Chicago Tribune
If Tribune shares were to move from Thursday's close of $31.58/share past the top end of the buyback range -- $32.50 -- there wouldn't be an incentive for investors to tender their shares, note
Michael Oneal and
Susan Chandler. Trib shares rose 4.2% on Thursday as investors bet that the dispute between the company and the Chandler family would lead to a restructuring that dwarfs the buyback. ||
Los Angeles Times: A sale of Tribune's television business could set the stage for selling the company's 11 newspapers or more likely taking them private, say analysts. ||
New York Times: Chandlers want Tribune to focus on strategy before taking on more debt.
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Tribune bet on strategies that now look shaky, says Fine (Business Week)
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Tribune editor Lipinski: This has been a hard week in a hard year (MW)
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Who will play CEO FitzSimons in Trib version of "The Break-Up"? (Trib)