Tribune completes privatization deal
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Media group Tribune Co said on  Thursday it has completed its privatization deal amid an  adverse newspaper advertising sales environment.
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Dow Jones & Co Inc shareholders voted  to approve a $5.6 billion buyout by News Corp on Thursday,  giving Rupert Murdoch control of one of the world's most  influential newspapers, the Wall Street Journal.
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The owners of Discovery Communications, Advance/Newhouse and Discovery Holding, have agreed in principle to combine their stakes and turn the company, an operator of cable TV channels, into an independent, publicly traded company.
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Newspaper and television company  Tribune Co.  is leaning away from accepting any takeover  offers made by outside bidders and instead is opting for a  restructuring it would do on its own, the Wall Street Journal  reported on Monday.
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Tribune Co. said yesterday that it would sell Hoy New York, a free Spanish-language newspaper with a daily circulation of about 56,000, to ImpreMedia, the owner of New York's El Diario La Prensa, the nation's oldest Spanish-language newspaper.
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After having gone public, EnerNOC buys company that orchestrates energy contract bids.
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SCHAUMBURG, Ill. -- A final audit released by a circulation reporting group Tuesday showed that Hoy, a Spanish-language newspaper owned by Tribune Co.
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Dennis J. FitzSimons will step down as chairman and chief executive of Tribune Company as soon as an $8.2 billion takeover deal is completed, the company said.
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Chicago real estate magnate Sam Zell  wants to take newspaper publisher and broadcaster Tribune Co.  private in a transaction valued at about $13 billion, according  to financial newspaper Barron's.
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CHICAGO  Â The Sam Zell era is about to begin at Tribune Co. The real estate billionaire and self-described "professional opportunist" was set to take the ailing newspaper and TV company private with the expected closing of his $8.2 billion buyout as soon as Thursday.
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Tribune Co.  completed a tender offer for half its shares, but the media company had to agree to difficult borrowing terms, the Wall Street Journal reported on its Web site on Friday.
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General Electric Co. said Friday that two private equity firms completed a deal to buy a majority interest in its India-based back office unit.
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Tribune Co , which is going private in an $8.2 billion deal led by Chicago real estate tycoon Sam Zell, on Wednesday reported lower quarterly profit and revenue as advertising sales fell at its newspapers.
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The Chicago Cubs franchise, being sold by media group Tribune Co., has attracted credible interest from about 15 parties, and a deal for the baseball team and other assets is expected to top $1 billion, according to a source familiar with the situation.
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The orthopedic device maker on Thursday accepted a takeover bid of $11.4 billion from a private equity consortium.
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By Mark Fagan, Journal-World, Lawrence, Kan.  Dec. 12--Lawrence's largest private-sector employer is getting a new  owner as part of a $600 million deal designed to speed the company's existing  plans for growth.
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Thomson Corp  won  conditional approval from the European Commission and the U.S.  Department of Justice to buy Reuters , a deal that will  create the world's leading provider of news and data for  professional markets.