Waxman Says He's Still Concerned About Tribune Newspaper Spinoff

By: Jim Puzzanghera and Richard Simon | Los Angeles Times

Rep. Henry A. Waxman, after a 30-minute meeting with Tribune Co. Chief Executive Peter Liguori, said he still was concerned about the company's plans to spin off the Los Angeles Times and seven other newspapers into a separate unit.

Waxman (D-Beverly Hills) had requested the face-to-face discussion after a meeting last month between his staff and Tribune executives failed to ease his worries that the newspapers would be hobbled financially after the spinoff.