Tribune Co. Asks Court to Approve $43M in Bonuses

By: E&P Staff

Chicago Business

The Tribune Co. is asking a Delaware bankruptcy judge to approve up to $43 million in bonuses for top executives and managers this year.

The plan calls for some 640 people to receive bonuses totaling from $16.5 million to $42.9 million if certain cash flow targets are met. The request will be the subject of a hearing today.

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