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