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Tribune to Pick Winning Cubs Bidder

Jan 20, 2009  •  Post A Comment

Tribune Co. and Sam Zell plan to announce a winning bidder for the Chicago Cubs in the middle of the week, ending an almost two-year process, the Wall Street Journal says. The company, which filed for Chapter 11 bankruptcy protection last month, is seeking at least $800 million for the Cubs, Wrigley Field and 25% of a regional sports network. The three finalists are Chicago real-estate investor Hersh Klaff; the Ricketts family, founders of TD Ameritrade Holding Corp.; and a group led by New York-based private-equity investors Marc Utay and Leo Hindery, the Journal said.
—Aimee Picchi

One Comment

  1. Hands down, Apple’s app store wins by a mile. It’s a huge selection of all sorts of apps vs a rather sad selection of a handful for Zune. Microsoft has plans, especially in the realm of games, but I’m not sure I’d want to bet on the future if this aspect is important to you. The iPod is a much better choice in that case.

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