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Zell Seals $8.2B Tribune Deal

Vows sweeping change at now-private media company

By Zach Samalin,  Newser Staff

Posted Dec 20, 2007 1:16 PM CST

(Newser) – Billionaire Sam Zell today sealed his bid to buy Tribune Co., proving wrong all Wall Street naysayers since his original $8.2 billion offer last April. Zell steps in as CEO and chairman, and promises sweeping reforms to the way the now-private media conglomerate will...   Read full story »

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