Chicago Tribune Q-and-A helps readers understand bankruptcy case

Chicago Tribune
From Michael Oneal‘s piece on the status of Tribune’s bankruptcy:
Q: What will the company look like when this is over?
A: It is likely, based on the size of their claims, that senior creditors led by JPMorgan Chase, Oaktree and Angelo Gordon will end up as majority owners. They will pick a new board to run the company, which likely will pick its own management team.

Related Posts

No related posts.

We have made it easy to comment on posts, however we require civility and encourage full names to that end (first initial, last name is OK). Please read our guidelines here before commenting.