Bain considering bid for Tribune
Bain Capital LLC might bid for Tribune Co., jumping into a crowded field considering a takeover of the second- largest U.S. newspaper publisher, a person with knowledge of the firm's plans told Bloomberg News yesterday. Apollo Management LP, Texas Pacific Group and Carlyle Group are preparing separate buyout offers for Tribune, which has a market value of $8.1 billion, people briefed on their plans said this week. Tribune said last month that it might sell all or some of its assets. The Chandler family, Tribune's largest shareholder, pressed for the move in June after a 19 percent drop in Tribune's share price in the previous five years.
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