Guessing Game on Fate of Tribune Management, Post-Bankruptcy

Aug 31, 2009  •  Post A Comment

When the Tribune Company emerges from bankruptcy in the fall, many of its top management executives could remain in place, but it’s unclear whether chairman and CEO Sam Zell will be among those who stay, says the New York Times.

Zell, who took the company private and faces multiple lawsuits over the deal, hasn’t indicated whether he wants to stay and creditors haven’t given an indication whether they want him to, the paper says, citing sources close to the restructuring talks.

–Elizabeth Jensen


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