TribuneWatch | Reuters
Newspaper Guild president
Linda Foley says of Tribune's deal with
Sam Zell: "The employee stock ownership plan – a significant part of this deal – can result in a positive partnership that benefits everyone involved or it can be a frustrating experience for worker-investors who end up bearing much of risk while experiencing little positive gain." ||
More from Foley: "If it's just an investment vehicle, the employees need to be very, very cautious going forward."
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Tribune CEO FitzSimons expected to get $21.3M from Zell deal (E&P)
