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Tribune Files for Bankruptcy Protection
Chicago Tribune ^

Posted on 12/08/2008 10:50:48 AM PST by Rutles4Ever

Media conglomerate Tribune Co. has filed for bankrutpcy protection, pressured by high debts, according to the Associated Press.

(Excerpt) Read more at chicagotribune.com ...


TOPICS: Breaking News
KEYWORDS: corruption; dinomedia; dinosaur; economy; il; mediawatch; msm; newspaper; samzell; zell
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To: Enterprise
Dummie could have sold the tape that the LA Times had.

Cubs are the only asset they have.

21 posted on 12/08/2008 11:14:28 AM PST by scooby321
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To: Zakeet

http://blogs.wsj.com/deals/2008/12/08/the-tribune-buyout-was-it-ever-a-good-idea/
The Tribune Buyout: Was It Ever a Good Idea?


22 posted on 12/08/2008 11:15:05 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: scooby321

http://www.marketwatch.com/News/Story/Story.aspx?guid={09E479FC-FA34-4B91-ABA1-B0F12B5688BC}&siteid=nbih
Chicago Cubs not included in Tribune’s Chapter 11 filing


23 posted on 12/08/2008 11:17:40 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: scooby321

Let us pause here to rejoice for all these people in the media. There is HOPE. And yes, there’s going to be CHANGE. Obama has a lot of public works projects in mind, and all these media people can grab their shovels and start digging!


24 posted on 12/08/2008 11:19:35 AM PST by Enterprise (No Presidency for illegal aliens from Kenya.)
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To: abb

http://dealbook.blogs.nytimes.com/2008/12/08/tribune-files-for-bankruptcy/index.html?hp

Tribune Files for Bankruptcy

The top creditors listed by Tribune in its court filing include big banks like JPMorgan Chase, Merrill Lynch and Deutsche Bank. JPMorgan listed some of the firms it had syndicated its debt to as well; that list comprises private investment firms like Kohlberg Kravis Roberts’s KKR Financial, Highland Capital Management and Davidson Kempner Capital Management.


25 posted on 12/08/2008 11:22:43 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: sionnsar

http://crosscut.com/2008/12/08/seattle-newspapers/18696/
Seattle Times puts some new land up for collateral


26 posted on 12/08/2008 11:32:41 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003920237
Tribune: ‘Where Are We Going Here?’

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003920383
Black Monday: Tribune Co. Files for Bankruptcy


27 posted on 12/08/2008 11:35:22 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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Comment #28 Removed by Moderator

To: mojito

Tribune: Too Big To Fail.

NewsCorp: NOT Too Big To Fail.


29 posted on 12/08/2008 11:35:56 AM PST by ichabod1 (You won't know obammunism is here until it puts a boot in your (fat) bottom.)
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To: abb

http://www.mediabistro.com/tvnewser/
Cablers Cover Tribune Bankruptcy


30 posted on 12/08/2008 11:38:58 AM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: All

Bad day for the local Orlando Slantinel...er Sentinel...here in Orlando. They have a laid off a bunch of staff there the past few years.

I guess liberalism just does not pay...


31 posted on 12/08/2008 11:40:21 AM PST by UCFRoadWarrior (2010: A RINO Purge Odyssey)
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To: UCFRoadWarrior

Can’t they get green jobs sorting trash in the booming anti-global warming industry?


32 posted on 12/08/2008 11:42:55 AM PST by TenthAmendmentChampion (Join us on the best FR thread, 7000+ posts: http://www.freerepublic.com/focus/chat/1990507/posts)
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To: Enterprise

LOL!!


33 posted on 12/08/2008 11:44:03 AM PST by eswan9
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To: Milhous; Grampa Dave

http://www.paidcontent.org/entry/419-tribunes-ch-11-its-letter-to-advertisers/
Tribune’s Ch. 11: Its Letter to Advertisers

http://www.washingtonpost.com/wp-dyn/content/article/2008/12/08/AR2008120802200.html?hpid=topnews
Tribune Co. Files for Bankrupcty Protection

http://www.portfolio.com/news-markets/top-5/2008/12/08/Tribune-Files-for-Bankruptcy
Tribune Bankruptcy: Print It.

http://www.laobserved.com/biz/2008/12/why_tribune_filed.php
*Why Tribune filed


34 posted on 12/08/2008 12:09:20 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: Rutles4Ever; abb; All

I just hear

That sad if Baseball team is more profitable


35 posted on 12/08/2008 12:14:48 PM PST by SevenofNine ("We are Freepers, all your media belong to us, resistence is futile")
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To: TenthAmendmentChampion

In the fullness of time, they can get jobs sorting at recycling centers. Alas, in these uncertain circumstances, recycling prices have also fallen, and it no longer pays to have people recycle items. But if they apply now, they will be first in line when Obama fixes everything.


36 posted on 12/08/2008 12:21:51 PM PST by Enterprise (No Presidency for illegal aliens from Kenya.)
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To: Rutles4Ever

We need to publish the "Free Republic Gazette" online!


37 posted on 12/08/2008 12:32:51 PM PST by Frank Sheed (Fr. V. R. Capodanno, Lt, USN, Catholic Chaplain. 3rd/5th, 1st Marine Div., FMF. MOH, posthumously.)
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To: Rutles4Ever

http://www.poynter.org/column.asp?id=101&aid=155321
Timeline of Tribune’s Troubles


38 posted on 12/08/2008 12:36:57 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: Frank Sheed
Can I be your UK reporter.

PLEASE, pretty please......?

39 posted on 12/08/2008 12:42:10 PM PST by vimto (To do the right thing you don't have to be intelligent - you have to be brave (Sasz))
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To: Tax-chick; Rutles4Ever
Media conglomerate Tribune Co. has filed for bankrutpcy protection,

CALSSIC!!1!

40 posted on 12/08/2008 12:53:29 PM PST by martin_fierro (< |:)~)
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