Sam Zell Really, Really Promises That He’ll Go Away


The current chairman of the Tribune Company and the architect of an $8.2 billion takeover that put the iconic media company on the road to bankruptcy and disarray makes clear that he has no intent to fight against the dying of the light. “I think when we’re done with the bankruptcy process I will turn it over to whoever the creditors decide they want to run it, and wish them a lot of good luck,” he said in an interview. [WSJ]