About Chicago Tribune

The Chicago Tribune is a major daily newspaper based in Chicago, Illinois and owned by the Tribune Company. Formerly self-styled as the "World's Greatest Newspaper" (for which WGN radio and television is named), it remains the principal daily newspaper of the Chicago metropolitan region and the Midwestern United States and is currently the 5th largest newspaper in America by circulation.

On April 2, 2007, the Tribune announced a buy-out plan worth $8.2 billion. It will be associated with a stock buy back at $34 per share, and an Employees Stock Ownership Plan. The person who will be the new Chairman is Chicago real estate magnate Sam Zell. Also as part of the deal the Chicago Cubs, and their park, Wrigley Field will be sold after the 2007 season, as well as the Tribune's share of Comcast SportsNetChicago.