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Zell Wins Tribune Co. Bidding Battle

After meeting well into the night Sunday, the Tribune Co. board of directors agreed to sell the company to Chicago-based billionaire Sam Zell for an estimated $8.2 billion.  According to the Los Angeles Times, Zell’s bid trumped last-minute offers from L.A. moguls Ron Burkle and Eli Broad.

Posted on Apr 2, 2007 READ MORE  |  1 COMMENT


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