(Reuters) - LOS ANGELES, April 2 - Staff at the Los Angeles Times, shaken by months of turmoil, voiced anxiety on Monday over Chicago billionaire Sam Zell's planned buyout even as the paper ran a story about the real estate mogul's reputation as a hard-nosed "grave dancer."
The Times' corporate parent, Tribune Co., announced it had accepted Zell's bid for $34 per share to take the newspaper and broadcasting giant private under an employee stock ownership plan entitling him to buy 40 percent of Tribune's common stock.
Read more at Reuters.com Mergers News
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