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Tribune Company files for bankruptcy protection

Flags wave on the Michigan Avenue bridge in front of the Tribune Tower on December 8, 2008 in Chicago. The Tribune Company, which owns the Chicago Cubs baseball franchise, as well as the Los Angeles Times, Chicago Tribune, The Sun of Baltimore, The Hartford (Conn.) Courant, six other daily newspapers and 23 television stations, filed for bankruptcy protection Monday in a Delaware court. (UPI Photo/Brian Kersey)

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