Tribune ESOP is Born
Tribune Buyout Closes; Zell's Shake-Up Starts and Tribune Completes Going-Private Transaction; Sam Zell Named Chairman & CEO discuss how the $8.2 billion buyout was finalized today. The company's stock will cease trading at the today's market close. History of Tribune Transaction provides a history of the Tribune transaction. In addition, An ESOP for the Tribune Company? Things to Know in Assessing the Transaction provides a very informative analysis of the transaction, and Tribune cleared to go private this year discusses the regulatory issues that the transaction faced.
Employee Ownership in the Construction Industry
A press release includes employee ownership as one of four-standout trends in the construction industry:
"Employee Ownership. Ownership turnover within the construction industry will bring change and challenge over the next decade. Family ownership is declining while broad-based employee ownership is increasing."
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