Tribune Company, With $1.4B In New Loans, Emerges From Chapter 11 Bankruptcy

Tribune Company, With $1.4B In New Loans, Emerges From Chapter 11 Bankruptcy

WILMINGTON, Del. - The Tribune Co. officially emerged from Chapter 11 bankruptcy on Dec. 31 as the bankruptcy judge in the U.S. Bankruptcy Court for the District of Delaware confirmed the company's fourth amended plan of reorganization, which will be funded by $1.4 billion in new loans (In Re: Tribune Company, No. 08-13141, Chapter 11, D. Del. Bkcy.).

Find full version on lexis Advance®
Access this news story on lexis.com®