Tribune Lenders Expected to File Lawsuit Against Sam Zell by Midnight
The suit will allege that Zell's leveraged buyout made the company go broke.
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The suit will allege that Zell's leveraged buyout made the company go broke.
The man responsible for the fate of the Tribune Company promises to leave the company.
Randy Michaels could not recover from the scathing 'Times' report on his successful destruction of a giant media company.
We guess he didn't want to wait around for the Tribune Company to pick out a disciplinary option.
The New York 'Times' has a scathing exposé this morning.
Bill Ackman, or the recipient of David Einhorn's annual smackdown?
He had a gold chain "entangled" in his chest hair.
The gnomish billionaire has purchased two of the developer's properties at an extremely favorable discount.
Well, it seemed that nobody was fired today. But that didn't mean there was good news.
But is Rupert's mind hold over Sam Zell strong enough to win out in the end?
Turns out the two media moguls have a "budding relationship." How adorable! And TERRIFYING.
Gawker reports that a rival bidder has dropped out. Is it too late to stop News Corp. from taking over the world?
Richard Gere has put his apartment in Julian Schnabel's Palazzo Chupi on the market, private-equity execs come down to earth, Sam Zell continues to be wacky, and Jeff Zucker and Harvey Weinstein fight like a couple of queens over 'Project Runway' in our daily roundup of real-estate, finance, media and law news.
More troubles for Sam Zell, Heather Mills is coming to town, and half of Bear Stearns employees are facing the ax. Click through to read the rest of our news roundup from the fields of media, law, finance and real estate.
Turns out it's not just Rupert Murdoch who's interested in buying Newsday; Mort Zuckerman, the real-estate magnate who owns the Daily News, and James Dolan, whose family owns Cablevision, Madison Square Garden, and the Knicks, are making bids as well.
According to Crain's, Rupert Murdoch and News Corp. might be plotting to buy Long Island tabloid Newsday. The news comes shortly after the release of the quarterly results of the Tribune Company (Newsday's owner), which showed an $78 million loss in its continuing operations at the end of 2007.
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