March 25 - March 31, 2007
Friday, Mar. 30
The full Tribune board will be meeting this weekend to review the competing offers from L.A. billionaires Broad/Burkle and Chicago... $MTEntryExcerpt$>
Just imagine, for a moment, that Uncle Ben, the rice guy, got a promotion - to chairman of the board.... $MTEntryExcerpt$>
Ever wonder about those big shot members of Sherwood Oaks Country Club, that glorious bit of real estate in Thousand... $MTEntryExcerpt$>
Tribune update: There are no details of last night's revised offer by Broad and Burkle for the Chicago-based parent of... $MTEntryExcerpt$>
Thursday, Mar. 29
The L.A. billionaires' revised bid is $8.2 billion, or $34-a-share, which includes $500 million in equity. Zell's bid was $33-a-share,... $MTEntryExcerpt$>
Still quite a bit of chatter today about the Marie Antoinette-ish tactics of Circuit City CEO Philip Schoonover, who along... $MTEntryExcerpt$>
It's not exactly a huge deal, but Pacific Title & Art Studio, one of Hollywood's earliest production houses, is being... $MTEntryExcerpt$>
The annual U.S. News survey comes out tomorrow, but law bloggers already have the numbers. Among the locals, there's very... $MTEntryExcerpt$>
Just don't tell our old friend Barry Diller, who still manages to make life interesting for us know-nothing, low-wage scribes.... $MTEntryExcerpt$>
Oh brother, yet another panel on the future of newspapers. Must they? Many of the usual suspects were on hand... $MTEntryExcerpt$>
Tribune update: The betting still favors a Sam Zell acquisition by week's end, but the NYT reports that Tribune was... $MTEntryExcerpt$>
Wednesday, Mar. 28
It could very well turn out to be News Corp.'s 2005 purchase of MySpace for $580 million (sorry Viacom). Pali... $MTEntryExcerpt$>
Yesterday's early drop was trimmed quite a bit by the close, but today's naysaying was just too much - a... $MTEntryExcerpt$>
The big story in the homebuilding biz involves a federal investigation into the way Beazer Homes helped cut lending deals... $MTEntryExcerpt$>
OK, you're running a pretty lousy company in a very tough industry and your shareholders are demanding that you do... $MTEntryExcerpt$>
Wall Street jitters: Fed Chairman Ben Bernanke told Congress this morning that the economy will keep growing - moderately -... $MTEntryExcerpt$>
Tuesday, Mar. 27
Funny what a couple of transposed digits will do for a media giant's respectability. News Corp.'s proxy lists a phone... $MTEntryExcerpt$>
This might as well be an L.A. government holiday because many of the higher-ups were on Capitol Hill today lobbying... $MTEntryExcerpt$>
The $142 million acquisition by Internet giant Intuit seemed all ready to go and then, Bam!, it's kaput. Electronic Clearing... $MTEntryExcerpt$>
That's what Bloomberg News is reporting this morning - and it sounds a little more definitive than stories earlier this... $MTEntryExcerpt$>
Housing jitters: Homebuilder Lennar Corp., which has a big Socal presence, this morning reported a 73 percent drop in first-quarter... $MTEntryExcerpt$>
Monday, Mar. 26
The latest iteration of the storied magazine - a weekend newspaper supplement that never gained much of a following -... $MTEntryExcerpt$>
That's what the WSJ just posted, based on efforts by Morgan Stanley and Barclay's - two of the subprimer's biggest... $MTEntryExcerpt$>
Now that downtown has added a few thousand more residents to the mix, film companies don't have the place to... $MTEntryExcerpt$>
Strike vote authorized: As expected, workers for Albertsons voted to give union officials the authority to call a strike. No... $MTEntryExcerpt$>
Sunday, Mar. 25
Eli Broad and Ron Burkle have just made life a little more uncomfortable for the Tribune boys who seem inclined... $MTEntryExcerpt$>
Now, don't get me wrong: I'm not predicting the future. But sometimes it can be instructive to look for potential... $MTEntryExcerpt$>
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