Tribune Co., the bankrupt owner of the Chicago Tribune, Los Angeles Times
and six other daily newspapers, is interviewing bankers about selling its
papers, according to two people with knowledge of the matter.
Tribune Co. is seeking an adviser for a possible sale after the company
exits bankruptcy, which is slated to happen by Dec. 31, according to the
people, who asked not to be named because the discussions are private. Rupert
Murdoch, chairman and chief executive officer of News Corp., plans to take a
close look at Tribune Co.’s newspaper assets once they’re available, according
to a person with direct knowledge of his thinking.
