Zell, other former Tribune executives reach $200 million settlement over LBO

June 12, 2019 admin Business News Comments Off on Zell, other former Tribune executives reach $200 million settlement over LBO

Real estate billionaire Sam Zell and other former officers and directors of Tribune Co have reached a $200 million settlement resolving allegations of fraudulent transactions related to the media company’s disastrous 2007 leveraged buyout.

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Source:: Reuters – Business News