Monday, April 2, 2007

Zell wins bid for Tribune, which will sell Cubs

(Reuters) - The announcement comes six months after Tribune -- publisher of the leading U.S. newspapers including the Los Angeles Times, Chicago Tribune, Newsday and The Baltimore Sun -- started soliciting offers last fall.

Los Angeles billionaire philanthropist Eli Broad and his partner, billionaire grocery store investor Ron Burkle, had also bid for Tribune at $34 a share.


Read more at Reuters.com Bonds News

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