TITLE

CHANDLERS TAKING ON TRIB

AUTHOR(S)
Goldsmith, Jill
PUB. DATE
June 2006
SOURCE
Daily Variety;6/15/2006, Vol. 291 Issue 53, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Tribune Co.'s second-largest shareholder Chandler family has called for a breakup of outright sale of the company by the end of the year in New York City. The shareholder insisted that the company's operational management offers little to spur revenue growth and invigorate the newspaper franchises. The letter filed by the shareholder urges to separate the newspaper business from television, suggesting a tax-free spinoff with a private equity firm taking a piece of the broadcast side.
ACCESSION #
21197537

 

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