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Monday, Dec 08

Tribune Co. Files For Bankruptcy

trib1208.jpgBreaking: Tribune Company has filed for Chapter 11 bankruptcy protection. In an internal memo, owner Sam Zell tells staffers, "This filing should not impact the way you do your jobs on a day-to-day basis." The media conglomerate, which includes the Los Angeles Times, Chicago Tribune, six other newspapers and 23 television stations, is $13 billion in debt.
Breaking: Tribune Files For Bankruptcy (FBLA)
Tribune Files For Bankruptcy: Zell's Letter (FBDC)
Cablers Cover Tribune Bankruptcy (TVNewser)
Tribune Co. Files for Bankruptcy (FBNY)

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