Getting your player ready...
Chicago – Even with the addition of media titan and New York Post owner Rupert Murdoch, the Chandler family’s bid to buy Tribune Co. appears to be a nonstarter.
Sources close to the process Wednesday doubted Tribune’s board would approve the Chandlers’ proposal because it benefits the family over other shareholders and offers too little money for the media conglomerate.
Tribune’s top brass, which sits on the 11-member board, also hasn’t masked its loathing for the Chand lers, who put the Chicago-based company in play by blaming management for a nearly three-year decline in the stock price.
