Getting your player ready...
CHICAGO — Tribune Co. said Friday that the long-awaited creditor vote in the media company’s 26-month-old bankruptcy case will allow both restructuring plans competing for a judge’s approval to move forward toward confirmation hearings scheduled for March 7.
The vote provided no surprises. Each of the two competing plans won support from the creditor alliance that proposed it and suffered rejection from the other side.
Tribune Co. owns the Chicago Tribune, Los Angeles Times and other media properties. It is a partner in the McClatchy-Tribune News Service.
Chicago Tribune
