Exact(26)
Such indicators had long been more impressive at Tribune than at Times Mirror.
Executives at Tribune said they were also surprised by investors' reaction.
He dismissed the notion that print journalists at Tribune might have had concerns other than making money.
The board had already been made aware of what corporate life at Tribune was like under Mr. Michaels.
Officials at Mr. Peltz's firm, the Trian Fund, and at Tribune were not immediately available for comment.
Terry Holt, a spokesman for Mr. Zell, referred all questions about the deal to Gary Weitman, a spokesman at Tribune.
Similar(31)
Sulla was so angry at Marius' tribune that he passed a law intended to permanently weaken the tribunate.
Employees at La Tribune do not want Mr Arnault, who owns the paper, to sell it, for fear that they might lose their jobs.
Mr. Raines said there were no plans for staff changes at The Tribune, which has about 335 employees in all departments.
Now talks between a Mormon-owned company and The Tribune's parent have raised fears at The Tribune that its independent voice could be eroded.
For a few more months, at least, Tribune will remain in the limbo of bankruptcy, unable to make any major moves without court approval and uncertain about who its future leader will be.
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