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Will Tribune go or won’t it?

September 22nd, 2006 · No Comments

On Friday, some key news came out about how Tribune Co. is going to handle its own business, but what’s most important here isn’t that the company is trying to be more productive, but the fact that the company is now up for sale, if you really read between the giant lines that have now been put in front of your face in 800-point type.

Anyone want to contemplate the thought of Tribune being purchased - or split up - in some way? Aside from the fact that the company is worth about $8 billion, according to that WSJ article by Sarah Ellison and Julia Angwin, its assets are across the board parts of our economy, from newspapers that are nationally known down to (or up to, depending on your perspective) the Chicago Cubs. Heck, it wouldn’t surprise me to see some entrepreneurial group of Cubs fans who go out on a limb asking for a sale just so their preferred team can bring in some ownership that will create a winner, if that’s even possible. I mean, baseball curses have to die sometime, right?

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