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By David Keene
Conference showed that the values Reagan cherished still endure
Topic - Samuel Zell
The gap between the wealthy and the poor is most extreme in several of the United States' most prosperous and largest cities.
More than four years after crushing debt and plunging advertising sales forced it to file for Chapter 11 bankruptcy protection, Tribune Co. has emerged with a new television-focused board and over $1 billion in new financing.
Dow Jones CEO Les Hinton and David Thompson, publisher of The Oklahoman, are joining the board of directors of The Associated Press.
Tribune Co. has suspended a top executive without pay over an inappropriate e-mail sent to staff.
CHICAGO (AP) — Tribune Co. shareholders consented to the $8.2 billion buyout of the media conglomerate yesterday, an expected but noteworthy milestone in a drawn-out transaction that still awaits federal approval and billions of dollars in promised financing.