Los Angeles Times
Thomas J. Mulligan's sources expect Tribune to withhold a response for now while encouraging
Eli Broad and
Ron Burkle to stay involved in the auction. "I don't think you're likely to see the board say 'no' to anybody at this point," says a financial professional who has followed the process closely. ||
New York Times: Rupert Murdoch's said to be of two minds about getting involved in the auction.