TRIBUNE COMPANY

The 'Tribune Company' (NYSE: TRB) is a large American multimedia corporation based in Chicago, Illinois. It is the nation's second-largest newspaper publisher, responsible for the ''Chicago Tribune'', ''Los Angeles Times'', ''Newsday'', ''Hartford Courant'', and the ''Baltimore Sun'', among others. Through other subsidiaries, the Tribune Company also owns Tribune Broadcasting, Tribune Entertainment, Tribune Media Services, and the Chicago Cubs baseball team.
On April 2, 2007, Chicago-based investor Sam Zell announced plans to buyout the media company for $34.00 a share, totalling $8.2 billion. Zell will also turn the company private. The deal is expected to be completed some time in the fourth quarter of 2007[1], and was approved by 97% of the Company's shareholders on August 21, 2007[2]. Upon completion of the transaction, Tribune will divest itself of the Chicago Cubs and its 25 percent interest in Comcast SportsNet Chicago, and possibly Wrigley Field.

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External links

See also

★ List of assets owned by Tribune Company

★ List of professional sports team owners

★ Lists of corporate assets

★ DRTV Research

External links

★ Tribune Company's official website

★ Media properties owned by the Tribune Company according to the Center for Public Integrity

★ Tribune media profile