Chicago Tribune | Wall Street Journal
Gannett execs were in Chicago last week to hear presentations on Tribune's financial condition, report
Michael Oneal and
Phil Rosenthal. "Assuming it is serious, Gannett would be the first 'strategic buyer' -- Wall Street parlance for a suitor in the same industry -- to jump into the fray," they write. "Until now, bidding for Tribune assets had been thought to be limited to financial buyers: several large private equity firms and a handful of wealthy entrepreneurs." || Related
story.
