THE TRIBUNE FIASCO

Files under General | Jan 18th

From today´s Wall Street Journal:

Many of the players who initially expressed interest have indicated they wouldn’t bid for the company at the current price. Tribune’s management told bidders not to submit offers that valued the company below its current market price, according to several prospective bidders.

The company’s market capitalization is around $7.25 billion.

Well, no comment.



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