05-30-2009, 02:46 PM
This also came out late yesterday. The deal is pretty much done, and Zell is full of shit.
<!--quoteo-->QUOTE <!--quotec-->Trib, Ricketts edge toward closing Cubs sale
By: Ann Saphir May 29, 2009
(Crain’s) — Thomas Ricketts, who is leading his family’s bid to buy the Chicago Cubs from Tribune Co., is closer to sealing the deal than recent reports suggest.
As recently as two weeks ago, disagreement over the terms of the team’s broadcast contract with Tribune’s WGN network left the two sides as much as $50 million apart on the nearly $900-million deal.
<b>Sources now tell Crain’s that both sides have made concessions on some of the key sticking points, bringing them near the conclusion of a sale process that’s dragged on for Tribune more than two years. </b>The family, led by Mr. Ricketts, has been in exclusive talks with TribCo on the Cubs sale since January.<!--QuoteEnd--><!--QuoteEEnd-->
<!--quoteo-->QUOTE <!--quotec-->Trib, Ricketts edge toward closing Cubs sale
By: Ann Saphir May 29, 2009
(Crain’s) — Thomas Ricketts, who is leading his family’s bid to buy the Chicago Cubs from Tribune Co., is closer to sealing the deal than recent reports suggest.
As recently as two weeks ago, disagreement over the terms of the team’s broadcast contract with Tribune’s WGN network left the two sides as much as $50 million apart on the nearly $900-million deal.
<b>Sources now tell Crain’s that both sides have made concessions on some of the key sticking points, bringing them near the conclusion of a sale process that’s dragged on for Tribune more than two years. </b>The family, led by Mr. Ricketts, has been in exclusive talks with TribCo on the Cubs sale since January.<!--QuoteEnd--><!--QuoteEEnd-->