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Tribune closed on a new, $1.1 billion senior secured term loan and a $300 million revolving credit line. The loan will fund payments required under the reorganization plan, and the credit line will fund ongoing operations.


Former finance minister faces charges in Greece

ATHENS, Greece — Greece’s coalition government called Monday for the indictment of former Finance Minister George Papaconstantinou for allegedly removing the names of three of his relatives from a list of Swiss bank-account holders whose tax records were to be re-examined.

Mr. Papaconstantinou, 51, served as finance minister between 2009 and 2011 in the previous Socialist government. His party, which is part of the new conservative-led administration, is backing the proposed indictment.


Ad services firm seeks bankruptcy protection

NEW YORK — LodgeNet Investment Corp. says it is filing for Chapter 11 bankruptcy protection and will be acquired by the investment firm Colony Capital.

LodgeNet provides video, Internet and advertising services to the lodging and health care sectors, and the company said Monday that it will operate during the expedited bankruptcy process. When that is complete, Colony will own LodgeNet.

The Sioux Falls, S.D., company says a Colony Capital affiliate will provide it with $60 million in new capital, and LodgeNet’s lenders will extend their credit agreements. The company said it has a secured credit facility worth about $346 million.

LodgeNet says it will form a strategic partnership with DirecTV in the hospitality and health care markets.


Prosecutors eye U.S. firm accused of offering bribes

WARSAW — Prosecutors are investigating allegations that a U.S. medical-equipment company offered bribes to hospital officials across the country to secure deals.

Dozens of private apartments and offices have been searched in recent months for evidence of charges that between 2003 and 2006, employees of the Polish branch of Stryker Corp. offered bribes to hospital heads to win tenders worth hundreds of thousands of zlotys, said Leszek Golawski, prosecutor in the southern city of Katowice. He could not say whether the evidence gathered from hospital and Stryker Poland documents could lead to indictments. The case involves about 100 people and 51 hospitals.

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