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December 9, 2008


More On Tribune Co. Bankruptcy Filing

The follow-up stories on yesterday's bankruptcy filing by Tribune Co. seem to follow the pattern established here. It's alarming, it's due to a number of factors including how massively leveraged even the profitable businesses at the company have become, and that it seems like a logical step for ownership to take.

Here's a list of Tribune Co. holdings. The Cubs and Wrigley field are not including in the filing, apparently, but it's worth noting that in addition to the LA Times, the Chicago Tribune and comics-offering syndicate Tribune Media Services the company holds a half-dozen other newspapers.
 
posted 7:00 am PST | Permalink
 

 
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