L.A. Times parent mulls offer from Chicago mogul

first_imgCHICAGO – The Tribune Co. board of directors is considering an offer from real estate magnate Sam Zell to take the company private, but is leaning toward restructuring the company on its own, according to published reports. The company, whose properties include the Los Angeles Times, appointed a special board committee in September to review prospective offers. Pressured by a long-slumping stock price, the board intends to decide on a plan to increase shareholder value by the end of March, company officials said. The board would prefer recapitalization involving a spinoff of Tribune’s television stations and the payment of a bid dividend to shareholders, The Wall Street Journal reported Sunday on its Web site. The proposal from Chicago-based Zell would involve buying the entire company with participation from an employee stock ownership plan, The New York Times reported for today’s editions. The deal would be highly leveraged, but employee stock plans have many tax advantages, including the ability to write off interest on debt, the Times reported. Zell’s spokeswoman did not return calls Sunday to The Associated Press; nor did Tribune spokesman Gary Weitman. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more


first_imgNa Cealla Beaga Club Notes 18/03/2013.White Collar Boxing, Na Cealla Beaga V Aodh Ruadh Ballyshannon in White Collar Boxing Fight Night, Blue Haven on Saturday 23rd March, Doors open 7.00pm, Tickets are selling fast are on sale in Sweet News and from any Club Officer.  Fixtures, Wednesday – U14s away to N Ultan at 5.00pm. Saturday – Minor St Johns home to N Brid at 12.00. Sunday – U14s away to Ardara at 12.00. Ladies Training continues every Tuesday at 7.30pm in St Catherines Vocational Gym, new ladies/players always welcome (age 15 and older).  U14 girls training training begins this Tuesday the 19th March from 5.30pm to 6.30pm in Fintra. The Club are holding a three day Easter Camp on the 3rd, 4th and 5th of April, €15 per child, Age 5 to 13, To Book either Text Rita 087-2054772 or email [email protected] Membership is now due, please contact Registrar Rita Nolan 087 2054772, any Club officer or Manager.Mouthguards Following the GAA’s Annual Congress in April 2012 a new rule was enacted that made it mandatory to use a Mouthguard in all Gaelic football matches and training sessions from January 1st 2013 (for all age grades up to and including minor) and at U21 and Adult level from January 1st 2014.The Killotto had no winner this week. Numbers were 17. 26, 27, 28. Next week’s Killotto jackpot is €6,200. Match 3 winner John Curran, Roshine, You can now do the Killotto online. Visit www.locallotto.ie and go to the Killybegs page.There was no winner of the Bingo Jackpot. Next week’s Jackpot will be €1,500.GAA: KILLYBEGS GAA CLUB NEWS was last modified: March 19th, 2013 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:GAA: KILLYBEGS GAA CLUB NEWSlast_img read more