It is done! As planned, real estate magnate Sam Zell bought the Chicago Tribune early this morning. He had to raise his bid at the 11th hour to keep a stronghold on the deal, but he pulled it off to the tune of $34 a share, $13 billion total. Zell beat out up-and-comers Eli Broad and Ron Burkle for the media giant, who were left in the lurch with nothing to console them but their... more ›

Today's finally the day for the Chicago Tribune. ... Well, most likely. After deliberations Saturday bore little fruit, the Trib's full board of directors is scheduled to meet today to decide on a buyer of the internationally-renowned media outlet. You may recall that as recently as a couple months ago, investors expressed little interest in becoming owners of the Trib, the Los Angeles Times, WGN and the Chicago Cubs, among other subsidiaries. But now, the... more ›

Since about 90 percent of the greater Chicagoland gets its news from, or at least comes into contact with, some form of Tribune media every day, we'll just assume you've heard that it put itself on the auctioning block. more ›