Wednesday, April 4, 2007

Chicago Cubs bidders line up to take a swing

(Reuters) - Chicago real estate magnate Sam Zell won a bid for Cubs owner Tribune Co. on Monday, offering to take the newspaper publisher and broadcaster private in a deal valuing it at $8.2 billion.

To help finance the deal, Tribune said it would sell the Cubs. But Zell said in a newspaper interview he may sell Wrigley, the second oldest ballpark in baseball, separately.


Read more at Reuters.com Mergers News

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