Tribune Co.: Bankruptcy Exit 'Possible' by October
Posted: 1/13/2012 | By: Lynne Marek | chicagobusiness.com
(Crain's) — Tribune Co. is aiming to exit bankruptcy protection by
the third quarter, following a court hearing Wednesday that reaffirmed a
May hearing date on the company's revamped reorganization plan.
it is tough to predict an exact timetable for Tribune's emergence from
Chapter 11, it is certainly possible that we could emerge late in the
third quarter of this year,” Tribune Chief Restructuring Officer Don
Liebentritt said in a memo to employees.