Tuesday, November 14, 2006

Chandlers divided over bid for Tribune

Industry experts believe that the increased interest in Tribune means that a sale or breakup of the company is near certain. But none of the nonbinding bids received to date has been much above where the stock has traded in recent weeks, people familiar with the bidding said.

2 comments:

Anonymous said...

Why does everone think the Chandlers are engrossed with the higher-purpose of this newspaper? In the many historical accounts I've read, most Chandlers were described as "coupon clippers." This refers to their main activity of cashing in dividend checks.

Other than Otis and a couple heirs, they could give a rat's behind about the higher purpose of this newspaper.

Otis was a hero. Many of us had a brush with excellence when we crossed paths with him.

Anonymous said...

Why does everone think the Chandlers are engrossed with the higher-purpose of this newspaper? In the many historical accounts I've read, most Chandlers were described as "coupon clippers." This refers to their main activity of cashing in dividend checks.

Other than Otis and a couple heirs, they could give a rat's behind about the higher purpose of this newspaper.

Otis was a hero. Many of us had a brush with excellence when we crossed paths with him.