Tribune’s bankruptcy is over. The company, which entered Chapter 11...
Tribune’s bankruptcy is over. The company, which entered Chapter 11 protection in December 2008, emerged Monday with a $1.1 billion senior loan and a $300 million revolving credit facility, it said. It also issued about 100 million shares and warrants…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
based on a $4.5 billion valuation of the company’s assets provided by the bank Lazard in February 2012. “Tribune emerges from the bankruptcy process as a multi-media company with a great mix of profitable assets, strong brands in major markets and a much improved capital structure,” said CEO Eddy Hartenstein.