Tribune considers action in light of shareholder pressure

09/21/2006 | Wall Street Journal (free content), The

The board of the Tribune Co. is meeting today and will discuss responses to pressure from investors, including the Chandler family, which owns 15% of the company's stock. Reportedly, a spin-off of its TV stations and a leveraged buyout to take the company private are up for discussion, as is a plan to end the partnership between the Tribune and the Chandler Family.

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Wall Street Journal (free content), The

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