Deals Rumor Mill: Tribune Co., TPG, Billabong

Law360, New York (April 22, 2013, 1:42 PM EDT) -- Koch Industries Inc., the conglomerate run by the billionaire Koch brothers, is firming up its interest in taking over Tribune Co.'s newspapers, a cache that includes such publications as the Los Angeles Times and the Chicago Tribune, sources told The Wall Street Journal on Sunday. Rumors swirled earlier this spring over the brothers' interest in the company, which emerged from Chapter 11 proceedings late last year and has since hired Evercore Partners and JPMorgan Chase & Co. to help a sale process. The Tribune papers, long...
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