Friday, May 25, 2007

Tribune cancels plan to sell papers to Gannett

(Reuters) - An arbitrator ruled last month that Tribune could not sell The Advocate unless Gannett assumed an existing contract as a condition of the sale. Gannett declined to do this, Tribune said, which prompted the company to cancel the sale.




Tribune will seek other offers for the papers.


Read more at Reuters.com Business News

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