The Wall Street Journal had another front page article on Thursday about Tribune (TRB), followed by a Heard on the Street column on Friday. Both articles suggest a potential restructuring or sale of Tribune (TRB) might be more likely than I had assumed. My key takeaway from the latest articles is that TRB’s future could […]
The Wall Street Journal reported on Wednesday about some interesting developments at Tribune (TRB). The three Board members nominated by the Chandler family voted against the company’s plan to buy back 25% of the shares outstanding. The Chandler family controls 12% of TRB shares that were acquired via their sale of Times Mirror. It is […]
Tribune (TRB) are up over 2% since reporting 3Q05 earnings and conducting a conference call on Thursday morning before the open. The key takeaway from the report and call is that TRB is putting its unique issues in the past and the company’s fortunes will begin to closely track the newspaper industry. Given poor trends […]
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