TITLE

Tribune Bondholders: Investigate Buyout

AUTHOR(S)
Sheahan, Matthew
PUB. DATE
August 2009
SOURCE
Mergers & Acquisitions Report;8/31/2009, Vol. 22 Issue 35, p24
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the request of the bondholders of Tribune Co., a bankrupt media firm, for an investigation into the company's buyout valued at 8.2 billion U.S. dollars. The bondholders have filed claims with the U.S. Bankruptcy Court in Delaware that the buyout has put the company on an inevitable path to bankruptcy. The bondholders of Tribune are requesting for a bankruptcy court judge to investigate the 2007 acquisition by real estate investor Sam Zell or appoint an investigator.
ACCESSION #
44148596

 

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