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Firm News

Julie Cohen
Director of Marketing and Communications

Cahill Represents Financing Sources in Acquisition of the Tribune Company

Date: 04/02/07

Tribune Company today announced a transaction that will result in the company going private. The two-step transaction, which is being supported with an investment by Sam Zell, will ultimately result in all of the company's then-outstanding common stock being held by an Employee Stock Ownership Plan. The total transaction is valued at approximately $13.8 billion (including assumed debt).

Cahill is representing Merrill Lynch, Citigroup and JPMorgan in connection with financing the acquisition.