Tribune Sells Cubs, Wrigley for $845 Million


On Friday, the Tribune Co announced it has an agreement to sell the Chicago Cubs and Wrigley to the Field Ricketts family, the founders of TD Ameritrade. Tribune said it is selling all but a 5 percent stake, for about $845 million. The sale includes a 25 percent stake in Comcast SportsNet Chicago, which broadcasts many Cubs games. It must still be approved by Major League Baseball.

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