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Submitted: May 21, 2007 - 11:03am
Last updated: February 21, 2008 - 7:22am
Last updated: February 21, 2008 - 7:22am
TRIBUNE ENTERS INTO $8.03 BILLION CREDIT AGREEMENT
[SOURCE: Chicago Tribune 5/17, AUTHOR: James P. Miller]
Tribune Co. said Thursday that it has entered into an $8.03 billion credit agreement with a group of lenders. The Chicago-based media holding company is expected to use the funds as it proceeds with an $8.2 billion plan under which financier Sam Zell is planning to take the company private in conjunction with an employee stock ownership plan.
http://www.chicagotribune.com/business/chi-070517tribune,0,5414125.story
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