The entertainment giant’s move to cancel a major office project stung the Florida governor just days before he is expected to officially enter the 2024 race. By Andrew Ross Sorkin, Ravi Mattu, ...

Tribune said Zell will use an employee stock ownership plan to finance part of the deal and lower the taxes on any sale. The ESOP, which resembles a profit-sharing plan, will become the majority owner ...

Since the Chandler family sold the Los Angeles Times to the Tribune Company of Chicago, there's been a parade of news editors and publishers, several of whom has left because of resistance to cutting ...

It's all over. On Monday morning the Tribune Company announced it accepted a proposal from Chicago real estate mogul Sam Zell to take the company private, with a bid of $34 a share and a promise to ...

Tribune Co. CEO Sam Zell said Wednesday purchasing the newspaper was "a mistake" in an interview with Bloomberg Television, according to NBC 5. Zell said he didn't anticipate steep declines in the ...

CHICAGO - Despite a Midas touch for eking profit from distressed properties, Sam Zell surely didn't know that having control of baseball's lovable losers would be this hard. As Opening Day approaches ...

CHICAGO (AP) -- The Tribune Co. board of directors is considering an offer from real estate magnate Sam Zell to take the company private, but is leaning toward restructuring the company on its own, ...