Tag Archives: Henry Waxman Tribune

Tribune Expecting $325m Dividend From Publishing Spinoff?

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Tribune’s (TRBAA) upcoming publishing spinoff is on track to be completed later this year and as part of the transaction, the new company will issue new debt in order to fund a dividend to the parent company. While not an uncommon feature of spinoff transactions, the move is drawing a lot of negative attention from news outlets and… Read More »

Tribune Publishing Spin Is On Schedule

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Last September we noted that Tribune (TRBAA) was following the industry playbook and spinning off its publishing assets into a separate company. According to a recent article, the company is eyeing to complete the transaction sometime in the middle of the year, either Q2 or early Q3. At the time of the announcement, the company estimated that the… Read More »