Friday, September 29, 2006
All Options Available
If you re at all interested in Chicago businesses, you've gotta love the Crains' e-mail service.
According to them (via the AP), Tribune Co. engaged Merrill Lynch and Citigroup to help them "explore strategic alternatives to create additional shareholder value."
Translating to common English, this means: Decide how many pieces to sell, set a price, and find buyers.
We should know before New Years Eve what the future holds for the caretakers of Wrigley Field and its contents.
Rumor Mongering
WSCR's Mike Murphy's show has really gone off the deep end of late. How he had a good rating book last quarter really shocks me.
That said, he did have an interesting rumor the last two days. He said that rumors abound that Andy MacPhail will leave the Cubs front office this offseason. George Offman backed him up on this and didn't even suggest people were lying! about the rumor.
Given Andy's recent meetings in New York working on the collective bargaining agreement, high profile rants in multiple newspapers and by David Kaplan on the WGN Mothership about MacPhail's failures, and today's note in various places that John McDonough has been seen meeting with Steve Stone, one wonders if there isn't some truth to the rumors.
It would be a nice start to the offseason.
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