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Zell Welcoming Offers For Trib Tower

By Margaret Lyons in News on Jun 25, 2008 6:38PM

2008_6_25.tribtower.jpgIs the Tribune company selling off the Trib Tower? Maybe in parts. Sam Zell, you crazy bastard!

In a press release today, the Tribune Company announced that it will "explore strategic options for maximizing the value of Tribune Tower" and LA's Times Mirror Square. While the Tribune company "intends to maintain an ongoing ownership position," they're looking for "assistance in identifying various structures, development opportunities, and occupancy strategies for both properties."

Thus filleth our daily quota of annoying business lingo. [Release, original photo by Asten]