(Reuters) - The takeover of the newspaper and broadcasting conglomerate could be threatened by an industry-wide decline in newspaper advertising revenue, some say. As Tribune approaches the second stage of its deal, concerns have been raised about whether it will generate enough cash flow to meet a leverage test detailed in its deal agreement or if Zell will seek to renegotiate the terms.
Meanwhile, in the past few weeks, investors in the debt markets have become more risk-averse amid growing problems in the subprime home loan market.
Read more at Reuters.com Business News
Meanwhile, in the past few weeks, investors in the debt markets have become more risk-averse amid growing problems in the subprime home loan market.
Read more at Reuters.com Business News
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