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Spin out

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  • Tribune Publishing to carry $350 million in debt in spinoff

    Tribune Publishing to carry $350 million in debt in spinoff
    Tribune Publishing will carry $350 million of debt when it spins off as a stand-alone company, $25 million higher than previously stated. That figure includes a $275 million cash dividend payable to Tribune Co., which remains the same.
  • Jack Griffin Named CEO Of Tribune Publishing

    Jack Griffin Named CEO Of Tribune Publishing
    Tribune Co. has named the leadership team for Tribune Publishing, which is preparing to spin off as a separate newspaper company later this year. Eddy Hartenstein, publisher and CEO of the Los Angeles Times, will serve as non-executive chairman of the...

    Tribune newspapers, including L.A. Times, prepare for cost-cutting

    Tribune newspapers, including L.A. Times, prepare for cost-cutting
    Tribune Co., parent of the Los Angeles Times, is reviewing operations in an effort that will likely result in staff reductions at the company's daily newspapers. Tribune announced in July that it planned to separate its newspapers from the company's...

    Consumers starting to flex muscle

    Consumers starting to flex muscle
    Consumers are feeling pretty beat up these days. They have endured four years of a bruising housing crash and its aftermath. The white-knuckle stock market has left its mark. And the scars from unemployment will run deep for years. That's why the high-...

    Two state senators recommend spinoff of BGE

    A top Exelon Corp. executive said Thursday that separating Baltimore Gas and Electric Co. from parent Constellation Energy Group would be a "deal breaker" for the proposed $7.9 billion merger between the two energy giants. Exelon Chief Operating...