The Tribune Company, contemplating the sale of itself or its various units, has agreed to sell $84 million worth of assets, according to a regulatory filing Thursday.
Tribune sold its corporate jet as well as real estate last month and agreed to sell a stake in the human resources software company BrassRing, it reported in the filing with the Securities and Exchange Commission.
The company, which is based in Chicago, has said it is considering the sale of other assets like The Los Angeles Times and the Chicago Cubs baseball team, after initial bids for the entire company came in lower than expected. In Thursday's filing, Tribune said it sold the jet for net proceeds of about $32 million.
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Friday, November 03, 2006
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