Cahill Represents Financing Sources in Acquisition of the Tribune Company
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.