TRIBUNE ACCEPTS $8.2 BILLION BUYOUT OFFER FROM CHICAGO BILLIONAIRE SAM ZELL
The Chicago Tribune company corporate headquarters stands in downtown Chicago on April 2, 2007. Monday the Tribune Co. accepted an $8.2 billion buyout offer from real estate investor Sam Zell. The deal, which is not finalized until approved by the shareholders, leaves the Tribune's board the option of accepting a higher bid and also includes selling the Chicago Cubs at the end of the 2007 season. (UPI Photo/Brian Kersey)
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CHICAGO, May 29 (UPI) -- The head of Tribune Co., which owns the Chicago Cubs, said he is "sure there will be other" buyers if the sale of the team to the Ricketts family falls through.
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CHICAGO, March 13 (UPI) -- The chairman of the Tribune Co. was targeted for a $25,000 donation last November by the campaign of impeached Illinois Gov. Rod Blagojevich, documents show.
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