USA: Billionaire takes over Tribune Group

American billionaire Sam Zell acquired the Tribune Group, which includes such illustrious names as the Los Angeles Times and Chicago Tribune, for 13 billion dollars. The US antitrust authorities must now approve the change of ownership.

 American billionaire Sam Zell acquired the Tribune Group, which includes such illustrious names as the Los Angeles Times and Chicago Tribune, for 13 billion dollars. The US antitrust authorities must now approve the change of ownership. According to the SDA, the empire, which comprises a total of eleven daily newspapers, 23 television stations and the Chicago Cubs baseball club, has run into difficulties due to a loss of readership as a result of the Internet and the subsequent advertising slump. There were several potential buyers, but the deal has now been won by real estate mogul Sam Zell. In recent months, several large media groups have changed hands in the USA, including the Dow Jones Group, which also owns the Wall Street Journal.

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