Weekly News via Email
   Set as homepage | Add to favorites | Customer Service | Subscribe Now | Place an Ad | Contact Us | Sitemap Sunday, 11.23.2014
Classifieds
News Archive
Su Mo Tu We Th Fr Sa
 1
 2  3  4  5  6  7  8
 9  10  11  12  13  14  15
 16  17  18  19  20  21  22
 23  24  25  26  27  28  29
 30  31
Online Extras
Site Services
Around Bend
Outdoor Fun
Travel Info
Shop Local




Members Of



Poll: Today's Live Poll
Email to a friend | Print this | PDF version | Comments (0 posted) 
  Blogger |   del.icio.us |   digg |   newsvine

Dec 21,2007
Tribune Co. now a private concern
by UPI

CHICAGO -- Sam Zell, the Tribune Co.'s new chief executive, promised broad changes in how the media conglomerate based in Chicago is managed.

"I'm here to tell you the transaction from hell is done," Zell said during a news conference Thursday at Tribune Tower. "As far as I'm concerned, today is a brave new world."

To emphasize the deal was done, Zell said the banks notified him that his $8.2 billion bid to take the Tribune private has cleared, the Chicago Tribune reported Friday.

Zell takes over for Dennis FitzSimons, who said he would step down as Tribune chairman and chief executive. Zell said no other personnel changes have been decided, adding, "we're evaluating every single person that we interface with."

Zell said he will oversee Tribune's newspapers, which include the Chicago Tribune and Los Angeles Times -- as well as overseeing and reducing the Tribune's $13 billion debt load.

He didn't reveal his reorganization plans, but said his top priority was creating a more logical structure that would better define decision-making roles and encourage innovation.

Copyright © 2007, by United Press International. All Rights Reserved.

1072 times read

Related news
Feds scrutinize air passenger behavior by UPI posted on Dec 18,2007

Officials: Mall threats 'uncorroborated' by UPI posted on Nov 09,2007

Search continues for missing mother by UPI posted on Nov 02,2007

Child killers spent youth incarcerated by UPI posted on Apr 10,2009

Arson suspected at Chicago mayor's house by UPI posted on May 16,2008

Did you enjoy this article? Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00Rating: 5.00 (total 11 votes)

Market Information
Breaking News
Most Popular
Most Commented
Featured Columnist
Horoscope Guide
Aquarius Aquarius Libra Libra
Aries Aries Pisces Pisces
Cancer Cancer Sagittarius Sagittarius
Capricorn Capricorn Scorpio Scorpio
Gemini Gemini Taurus Taurus
Leo Leo Virgo Virgo
Local Attractions
Bend Visitors & Convention Bureau
Bend Visitors & Convention Bureau

Mt. Bachelor Resort
Mt. Bachelor Resort

Les Schwab Ampitheater
Les Schwab Ampitheater

Deschutes County Fairgrounds
Deschutes County
Fairgrounds

Tower Theatre
Tower Theatre

The High Desert Museum

Advertisements



Deschutes County

Google  
  Web    BendWeekly.com
© 2006 Bend Weekly News
A .Com Endeavors, Inc. Company.
All Rights Reserved. Terms under
which this service is provided to you.
Please read our Privacy Policy. Contact us.
Bend Weekly News & Event Guide Online
   Save the Net
Advertisement
External sites open in new window,
not endorsed by BendWeekly.com
Subscribe in NewsGator Online
Add to Google Add to MSN Add to My AOL
What are RSS headlines?