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Zell Watch

Is Sam Zell Quitting?

By Tina Dupuy on August 18, 2009 11:48 AM

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Is Sam Zell about to walk away from the steaming pile of newspaper sludge he’s created?

Josh Kosman at the New York Post writes:

So much for Sam Zell, newspaperman.

The developer, who arranged a controversial $11.7 billion employee buyout of newspaper giant Tribune only to see the company careen into bankruptcy a year later, is on the verge of giving up his claims to buy a huge stake in the company and, according to a source familiar with the matter, is ready to walk away from the company.

Sam, sell. Sam – sell. Sam sell!

Previously on FBLA:

  • Sam Zell–Tribune’s New Owner
  • Sam Zell: Mogul, Oracle and Chachka Pusher?

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