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Thursday, April 05, 2007 |
WSJ: Geffen, Zell To Meet About LA Times
Real estate tycoon Sam Zell and entertainment mogul David Geffen will meet Friday ($) to discuss the disposition of the Los Angeles Times, according to the Wall Street Journal. Last year, Geffen said he was willing to spend up to $2 billion in cash to buy the paper, part of the troubled Tribune Corp. holdings. The Times is the company's largest revenue source.
In a related article ($), Sam Zell will be forced to sell the Cubs in part because he owns a minority position in the White Sox.
Labels: cubs, times, white sox
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