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Tribune Pitches $420M Settlement For Bondholder Debt

By Pete Brush (October 12, 2010, 3:20 PM EDT) -- Tribune bondholders that hold more than $1 billion in unsecured debt, including money manager Aurelius Capital Management LP, would receive $420 million under the terms of a plan the bankrupt media conglomerate will float by Oct. 15, the debtor said Tuesday, having enlisted more allies such as the unsecured creditors committee and JPMorgan Chase Bank NA....

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