Sam Zell News Wrap-up
Yeah, we know we’re late reporting this, but here is the best of all the Sam-Zell-Has-Stepped-In-It news.
New York Times: Wall Street thinks the Trib deal, while sure to be approved tomorrow, is a butterfly-wing flap away from failure.
Associated Press:Teamsters plan to show up to a shareholders meeting tomorrow to say the employee stock ownership plan will leave workers shouldering the financial and operational burden while Zell continues making billions off the nickel slots.
Forbes: Tribune’s crappy stock hit one of its biggest upswings in months — proving we’ll never understand how the stock market works.
RELATED:
- San Diego Union-Tribune to Launch Television Network
- Sam Zell May Have Bankrupted Tribune Co, but He's Still Got Some Money Left for Karl Rove
- Tribune Company Has Spent $231 Million on Bankruptcy
- San Diego Union-Tribune Shills for Owner's Waterfront Redevelopment Plans
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