The Tribune Company Emerges from Bankruptcy

Jan 01, 2013

The Tribune Company closed out 2012 by emerging from bankruptcy ready to sell off much of its holdings, according to The Chicago Tribune. The company's new board has plans to eventually sell off its eight newspapers, 23 television stations, and stakes in other companies according to the article.

According to The Chicago Tribune:

"The new board also will include Tribune Co. CEO Eddy Hartenstein; Ross Levinsohn, who recently left as interim chief executive of Yahoo Inc.; Craig Jacobson, a well-known entertainment lawyer; Peter Murphy, a former strategy executive at Walt Disney Co. and Ceasars Entertainment; Bruce Karsh, Oaktree president; and Peter Liguori, a former top television executive at Fox and Discovery."