Sam Zell to Bow Out of Tribune

Tribune Company Chairman Sam Zell said that he doesn't see himself having an operating role in the media company after it exits bankruptcy. "I think when we're done with the bankruptcy process I will turn it over to whoever the creditors decide they want to run it, and wish them a lot of good luck," said Zell. Among the candidates floated to replace Zell as chairman are former News Corp. executive Peter Chernin and former Walt Disney Co. Chief Executive Michael Eisner.