Chicago Tribune
Sam Zell has approached Tribune with a complicated proposal that may include taking an equity stake in the company while adding debt to fund a large dividend for shareholders, report
Michael Oneal and
Becky Yerak. "It's short of making a bid and more 'Would you be interested in doing XYZ?'" a source tells them. "There are a lot of maybes and what-ifs at this point." Forbes
estimates Zell's personal wealth at $4.5 billion.
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Earlier: Zell wants to be more than US's largest office landlord (Trib)