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Tribune Tamps Down 'Noise' Over Possible Sale

Seeking to tamp down “noise” over the possible sale of its newspapers, Tribune Co. CEO Peter Liguori sent an email to employees Wednesday calling speculation about a transaction premature. “A sale transaction is only one of our possible strategic options, and there are many others,” Liguori said. Some 40 parties have expressed interest in acquiring some or all of Tribune Co.’s newspapers, according to sources close to the situation. 

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