Thursday, March 30, 2006

Even More Attention


What's been a story buried inside Crains and the Tribune business section has now reached the "Diary of the American Dream." Dunno if any readers have a paid subscription to the Wall Street Journal Online, but, if you do, be sure to read the Heard on the Street column today.

It seems that some major stockholders want the Trib to sell assets, including the Chicago Cubs, to help solve some of their financial issues. Denis FitzSimmons says he wants the company to "operate their way" out of their problems, meaning he doesn't want to sell anything.

Well, with the stock now under $28, pretty soon Mr. FitzSimmons is going to have to start heeding what his stockholders tell him to do (after all, they do own the company) or he's going to need to refresh his resume.

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