Chicago real estate magnate Sam Zell's offer to buy out and take private the Tribune Company (owner of the
Chicago Tribune and the
Los Angeles Times, among many other things)
apparently accepted, for $8.2 billion. For what this might mean to my hometown paper (and home to two beloved former
Reasoners, Matt Welch and Tim Cavanaugh), see the paper's
own coverage, revealing that David Geffen would still like to buy the
LAT itself off of Zell. L.A.
community reaction.
