Will Sam Zell soon give up his claim to buy a controlling stake in the Tribune and turn it into his
own private pad?
Reuters is reporting: Tribune Co. chief executive Sam Zell is close to giving up
his claims to buy a 40 percent stake in the company, the New York Post
said, citing a source familiar with the matter.
What does this mean for the besieged staff at the Tribune? Hard to say. While at the Sun-Times I and my colleagues went through multiple ownership and management changes, some good, some not so. Just as long as Conrad Black stays in prison, the outlook from my colleagues at the Tribune have to be better.
Filed under: Uncategorized