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Tribune gets subprime financing for buyout

bloggingstocks.com » 2007 » June » 30th » Tribune gets subprime financing for buyout

Tagged: trb, newspaper industry, newspaperindustry, tribune co, tribuneco

Filed under: Newspapers, Private equity, Tribune Co. (TRB) It looks like the complex $8.2 billion buyout deal for Tribune Co. (NYSE: TRB) is progressing. This week, the company's shareholders tendered 222 million shares. Keep in mind that Tribune was looking for about 126 million shares. Although, if I was a shareholder, I would want to get out, too. But there's a problem. The company had to … Continue Reading »

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