Chicago Tribune | Portfolio.com
Sam Zell tells Tribune creditors that "from where we sit right now, it doesn't appear that we will have trouble meeting our commitments going forward." Asked about Newsday, the Tribune CEO says only that "when we originally entered into [the buyout] our goal was to keep everything together," but the subsequent erosion in revenue "has certainly put that plan into question." ||
More from
Jeff Bercovici.