MediaBuyerPlanner: The Tribune Co.’s buyout offer from the Chandler family expires today at 5 p.m., and sources say the chances of Tribune Co. accepting the offer are slim.
Based on the need for the company to get the best deal for its shareholders, Tribune Co. may react negatively to the Chandler family offer after stock analysts lambasted it, writes Newsday.
Related stories:
- LA Billionaires Compete with Chandler Family for Tribune Co.
- Merrill Lynch: Tribune Not Likely to Receive Attractive Offers
- Seven Private Equity Firms – Plus Billionaires – Court Tribune Co.
- Tribune Co. Declines Geffen’s $2B All-Cash Offer (for Now)
- Chandler Family Considering Bid for Tribune
- Tribune Co. Delays Decision on Break-up or Sale
- Chandler Family Straddles ‘Tribune Co.’ Fence
- Tribune Co. Welcomes Bidders
- Tribune Faces Earnings Drop, Blames WB’s ‘Lame Duck Status’
