07-28-06 06:49 PM EST
SAN FRANCISCO (MarketWatch) -- Tribune Co. (TRB) sold 2.8 million shares of Time Warner Inc. (TWX) in July, yielding net proceeds of $46 million, the Chicago-based media company said its quarterly filing with the Securities and Exchange Commission late Friday. Tribune expects to record a pretax gain on the sale of $19 million in the third quarter, according to the filing.
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