company town

A Last-Minute Bid for Tribune

MEDIA
L.A. Billionaires Ron Burkle and Eli Broad jumped back into the Tribune contest, offering $1 per share more than Sam Zell. [NYT]
• After Joy Press left for Salon, new Voice editor Tony Ortega rehired former editor Brian Parks to edit the arts and culture section. [Eat the Press/HP]
• Former Times public editor Dan Okrent appears in the upcoming film The Hoax, playing a publishing exec engaged in fraud. [WWD]

FINANCE
• How can a union take on a 21st-century company like the Blackstone Group? With a blog, of course. [NYT]
• Man: 1; Machines: 1,000. The glitch in last month’s NYSE sell-off may have made some tech-wary, but it didn’t keep UBS from cutting 70 percent of its floor staff. [Crain’sNY]
• Ever wondered what to do with a $53 million bonus check? Take a tour of Goldman CEO Lloyd Blankfein’s new $41 million Hamptons estate. [Radar]

LAW
• Manhattan prosecutors have reached a deal with Jenkens & Gilchrist: The Dallas-based firm will pay $76 million and shut its doors over the illegal tax shelters it set up for clients. [New York Law Journal]
• The criminal indictment against Mel Weiss’s firm hasn’t slowed him down — he even recently argued a case before the Supreme Court. [Law Blog/WSJ]
• The Dewey Ballantine exodus continues. Almost twenty partners have parted ways since the planned merger with Orrick Herrington fell through, including four in the past two weeks. [New York Law Journal]

FASHION
• Photo agency JGK dropped Giles Bensimon because of “loyalty issues.” [WWD]
• Christina Ricci is the new face of Samsonite’s Black Label line. [Fashionista]
• Zac Posen, pastry chef? The designer whipped up a cheesecake for Martha Stewart. [Flypaper]

A Last-Minute Bid for Tribune