Tribune filed for bankruptcy in 2008, a year after the company which owns 23 television stations and many big newspapers, was purchased by financier Sam Zell in a $13 billion leveraged buyout. The company's assets have been valued at around $7 billion ...
The approval of Tribune's restructuring under Chapter 11 would represent the beginning of the end of a case that has left the company in limbo since December 2008. Tribune filed for bankruptcy less than a year after Chicago billionaire Sam Zell ...
The move makes US Airways a creditor of AMR, effectively giving it a seat at the table as AMR's reorganization wends its way through the Chapter 11 bankruptcy reorganization process. "We purchased the debt to ensure that we would have standing to ...
The decision means Tribune’s new owners — who already hold interests in other media companies, including some acquired in other bankruptcy cases — may have to sell some newspapers or television stations in order to meet the “cross-ownership” rules.
Tribune Co. won court approval of its Chapter 11 plan after a long and contentious bankruptcy proceeding, clearing the way to action before the Federal Communications Commission that will be anything but easy for the publishing and broadcasting operation.
Former All-Star outfielder Lenny Dykstra pleaded guilty Friday and could face 20 years in prison for hiding and selling sports memorabilia and other items that were supposed to be part of his bankruptcy filing. LOS ANGELES -- Former All-Star outfielder ...
DOVER, Del. (AP) — Tribune Co. won court approval to emerge from Chapter 11 bankruptcy protection, more than four years after a leveraged buyout left the media company with unsustainable debt. U.S. Bankruptcy Judge Kevin Carey in Wilmington ...
Following the bankruptcy filing and the examiner's ruling, JPMorgan, Oaktree, and Angelo Gordon, as holders of Tribune's senior loan debt, worked with the company and its committee of unsecured creditors to fashion a reorganization plan.
Following the bankruptcy filing and the examiner's ruling, JPMorgan, Oaktree, and Angelo Gordon, as holders of Tribune's senior loan debt, worked with the company and its committee of unsecured creditors to fashion a reorganization plan.
Following the bankruptcy filing and the examiner's ruling, JPMorgan, Oaktree, and Angelo Gordon, as holders of Tribune's senior loan debt, worked with the company and its committee of unsecured creditors to fashion a reorganization plan.
