Bankruptcy...What Happens Next??

Tracy Timberlake · 12-08-2008, 07:11 PM

How will this affect the paper? The Cubs? WGN? CLTV?

Scores · 12-09-2008, 04:11 AM

From what I've read Cubs are irrelevant to the bankruptcy.

It seems this is more about getting creative in paying debts and reorganizing. Although some layoffs were supposed to happen last week, I didn't hear anything more about it.

Tracy Timberlake · 01-24-2009, 12:59 PM

Am I safe to assume that the money they'll receive from the Cubs sale will help though? At least to pay off huge debt?

12-08-2008, 07:11 PM	#1
Tracy Timberlake Administrator Join Date: Nov 2008 Location: Palatine, IL Posts: 315	Bankruptcy...What Happens Next?? How will this affect the paper? The Cubs? WGN? CLTV?

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12-09-2008, 04:11 AM	#2
Scores Junior Member Join Date: Dec 2008 Location: Chicago Posts: 2	From what I've read Cubs are irrelevant to the bankruptcy. It seems this is more about getting creative in paying debts and reorganizing. Although some layoffs were supposed to happen last week, I didn't hear anything more about it.

01-24-2009, 12:59 PM	#3
Tracy Timberlake Administrator Join Date: Nov 2008 Location: Palatine, IL Posts: 315	Am I safe to assume that the money they'll receive from the Cubs sale will help though? At least to pay off huge debt?