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TRIBUNE CASE - SIMPLE AS THAT
October 03, 2005
The increasingly indispensable andrewmitchel.com has diagrammed the failed reorganization that may cost the Tribune Co. $1 billion or so. While I still hope to say more about the case, the diagrams nicely show how the structure tried to get cash to the seller while keeping the deal tax-free.
Hat tip to the always-alert Paul Caron.
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