Los Angeles Times | Chicago Tribune
Sam Zell is "potentially the biggest winner," says
Michael A. Hiltzik. The LAT reporter says the Chandlers and Tribune's top execs are other winners in the deal. "Whether Tribune's employees win depends on whether the company's performance continues to deteriorate as the newspaper and TV industries struggle," writes Hiltzik. LOSERS: The holders of Tribune's existing $5 billion in bonds and other long-term debt. ||
Julie Johnsson: Tribune's five highest-ranking executives stand to reap more than $50 million from their equity holdings alone, filings show.
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"The Tribune isn't going anywhere but forward," says editorial (Tribune)