THURSDAY, JULY 5, 2007
Los Angeles Times | TheStreet.com
Washington regulators must agree to transfer the licenses of Tribune's 23 TV stations and one radio station to
Sam Zell's company, and to issue waivers allowing it to hold on to TV stations in Los Angeles and four other cities where Tribune also owns newspapers. Also,
Jim Puzzanghera notes that borrowing terms have grown more onerous since Zell made the proposal in April, making it costlier to finance the transaction. ||
David Peltier: I believe Tribune stock is attractive to buy at current levels.
Posted at 7:31:07 AM
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