Crain’s Chicago Business Weighs the Risks and the Potential Rewards of Tribune’s Spending $2.7 Billion to Buy 19 TV Stations
"The last time Tribune Co. borrowed billions of dollars to finance a big acquisition, it didn’t work out very well," writes columnist Joe Cahill in one of TVWeek’s sibling publications, the well-respected Crain’s Chicago Business. Cahill continues, "I’m referring, of…