Friday, July 13, 2007

UPDATE 1-Tribune hopes for FCC OK in fourth quarter

(Reuters) - Tribune said in a filing that the most significant condition
to closing the $8.2 billion deal, aside from getting shareholder
approval, will be receiving approval from the FCC regarding the
transfer of Tribune TV licenses and its request for waivers in
cross-ownership markets.




Tribune agreed in April to be bought in a $34-a-share
leveraged buyout deal led by Chicago real estate magnate Sam
Zell.


Read more at Reuters.com Government Filings News

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