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Tribune is withdrawing from its $3.9 billion buyout by Sinclair and it's filing a lawsuit against it, citing breach of contract.
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Read More »Tribune calls off $3.9B buyout by Sinclair
Tribune sells Sun’s printing property for $46.5M
The 60-acre property in Port Covington includes the printing plant for the Baltimore Sun, which has a long-term lease for the facility.
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Read More »Koch brothers drop pursuit of Tribune papers
The Koch brothers are dropping their pursuit of newspapers owned by the Tribune Co. of Chicago. Koch Industries, run by the billionaire brothers Charles and David, said Friday that it is still interested in the media and is exploring a ...
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Read More »Tribune reportedly selling off newspapers
Tribune Co., owner of The Baltimore Sun, will be auctioning off its newspaper properties, CNBC reported.
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Read More »Fed. appeals court rejects Tribune creditor case
A federal appeals court in Philadelphia has refused to accept a case from creditors unhappy with Tribune Co.’s plan to exit bankruptcy protection. On Monday, the court rejected an emergency motion from Aurelius Capital Management, which holds Tribune notes and ...
Tagged with: Aurelius Capital Management Bankruptcy bankruptcy protection delaware tribune U.S. District Court
Read More »Judge to hold hearing in August on Tribune challenge
A federal bankruptcy judge in Delaware will hold a hearing next month to address appeals challenging his approval of the Tribune Co.’s reorganization plan. Judge Kevin Carey told attorneys on Wednesday that he will hold the hearing on Aug. 17. ...
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Read More »Judge set to rule on Tribune bankruptcy plan
WILMINGTON, Del. — A Delaware judge says he will rule this week on whether Tribune Co. can emerge from Chapter 11 bankruptcy protection. U.S. bankruptcy judge Kevin Carey said Wednesday that he has drafted a 50-page opinion and will issue ...
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Read More »Judge weighs Tribune Co. bankruptcy plan
WILMINGTON, Del. — A federal judge in Delaware is close to deciding whether Tribune Co. can emerge from Chapter 11 bankruptcy protection. The judge indicated after a hearing Friday that he would rule on the media conglomerate’s latest reorganization plan ...
Tagged with: Bankruptcy chapter 11 JPMorgan Chase reorganization sam zell tribune
Read More »Bankruptcy judge authorizes Tribune bonuses
DOVER, Del. — A federal bankruptcy judge in Delaware has authorized the Tribune Co. to pay up to $45 million dollars in bonuses to managers this year. The judge issued an order Friday in response to Tribune’s request to continue ...
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Read More »Tribune bankruptcy judge mulls allocation disputes
WILMINGTON, Del. — Tribune Co. creditors are arguing over how recoveries under Tribune’s proposed reorganization plan should be allocated. Many of the arguments at hearing that began Monday revolve around what standing certain junior bondholders have in sharing in any ...
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