Tribune Co. settles ESOP tax dispute for $7M - Chicago Tribune

10/10/11

Tribune Co. settles ESOP tax dispute for $7M
Chicago Tribune
... of an employee stock ownership plan in the disastrous buyout that pushed it into bankruptcy. The IRS settlement wraps up a loose end of litigation related to the media company's use of an ESOP in the 2007 leveraged buyout led by mogul Samuel Zell. ...

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