8 Facts About Tribune Company

1. On November 20, 2013, Tribune Company announced it would cut 700 jobs in its newspaper operations, citing falling advertising revenue.

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2. On July 10, 2013, Tribune Company announced that it would split into two companies, spinning off the newspapers that were part of its publishing division into a separate company.

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3. On July 1, 2013, Tribune Company announced that it would purchase the 19 television stations owned by Local TV, LLC outright for $2.75 billion.

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4. On July 13, 2012, the Tribune Company received approval of a reorganization plan to allow the company to emerge from Chapter 11 bankruptcy protection in a Delaware bankruptcy court.

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5. In 2006, Tribune Company acquired the minority equity interest in AM New York, giving it full ownership of the newspaper.

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6. In June 2000, Tribune Company acquired the Los Angeles-based Times Mirror Company in a US$8.3 billion merger transaction, the largest acquisition in the history of the newspaper industry, effectively doubling the size of Tribune's newspaper holdings.

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7. In June 1998, Tribune Company entered into a trade deal with Emmis Communications to swap WQCD-FM to the latter company, in exchange for acquiring two Emmis-owned television stations.

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8. In 1988, Tribune Company purchased five weekly papers based in Santa Clara County, California.

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