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Dennis Fitzsimons

It’s Official: Tribune Goes Private; Zell Takes Over, Invests Extra $65 Million

Dec 20, 2007 12:55 PM

Tribune Company (NYSE: TRB)  has completed its going-private transaction and will operate under the Tribune Employee Stock Ownership Plan (Tribune ESOP) with Chicago real estate investor Sam Zell, who financed the $8.2 billion buyout, taking on the roles of chairman of the board and CEO. Zell added $65 million on…

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Posted In: Media & Publishing, Newspapers, Companies, Tribune, dennis fitzsimons, sam zell

Industry Moves
Updated: Tribune’s FitzSimons Resigns As Zell Takeover Nears; Funding Not Yet Finalized

Dec 19, 2007 12:24 PM

Update: Tribune Company (NYSE: TRB) Chairman and CEO Dennis FitzSimons has made his resignation official and will leave the company at the end of the month. No further details about whether the issues concerning the funding of the final portion of the deal have been settled; a Tribune spokesman told…

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Posted In: Industry Moves, Media & Publishing, Newspapers, Companies, Tribune, dennis fitzsimons, sam zell

More On FCC Chairman’s Plan For Tribune Buyout Approval, Cross-Ownership

Nov 28, 2007 7:03 PM

The $8.2 billion buyout to take the Chicago Tribune private could get FCC approval as early as Friday under a new plan from FCC Chairman Kevin Martin, who proposes granting Tribune two-year exemptions on cross-ownership of newspapers and TV stations in the same market.  Martin’s plan would keep Tribune from…

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Posted In: Legal, Regulatory, FCC, Media & Publishing, Newspapers, TV, Companies, Tribune, dennis fitzsimons, kevin martin

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