Los Angeles Times
Any offers Tribune does receive are expected to be close to the current share price, sources tell
James Rainey and
Thomas S. Mulligan. They report the Chandlers may bid as a last resort. A source says the family is "not really looking to get back in this business, but they will do it if there is no other alternative." ||
Wall Street Journal: Private-equity firms complain that Tribune has been too tightly run, and there's little fat left to cut.
