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Tuesday, August 26, 2008

Cubs sale saga continues

from today's Crain's Chicago Business (8/26):

Trib aims to sell Cubs by yearend
By: Ann Saphir Aug. 26, 2008

"(Crain’s) — Tribune Co. plans to have a deal to sell the Chicago Cubs by yearend, CEO Sam Zell said Tuesday.

The company will choose from the current field of five bidders and present a sale plan to Major League Baseball that is “fully negotiated, fully financed and where the MLB’s decision would be hopefully very rapid,” Mr. Zell told bond investors on a conference call Tuesday." ...

for the complete story

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