Tribune’s latest revised plan to exit bankruptcy still complies with...
Tribune’s latest revised plan to exit bankruptcy still complies with the Communications Act and FCC ownership rules and doesn’t require any change in the requests for waiver of the agency’s multiple ownership rule the company has already filed, an attorney…
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for the firm wrote the commission Friday (http://xrl.us/bng3m3). “Tribune intends to provide further updates to the Commission and supplements to its pending applications and waiver requests at the appropriate time and upon receipt of the confirmation order of the Bankruptcy Court.” The judge in charge of Tribune’s bankruptcy proceedings issued an order Friday overruling the remaining objections to the fourth amended plan of reorganization that’s set to finally end the company’s restructuring.