In the midst of a lengthy auction process, Tribune Co. cleared one hurdle as the deadline for nominating directors to the company's board passed last night without incident, indicating the Chandler family has no plans to launch a proxy contest for the two nonfamily seats up for election.
The company, which reported fourth-quarter earnings yesterday, had been girding for a potential proxy contest from the Chandlers, who control three....
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Friday, February 09, 2007
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