Tribune agrees to sell Cubs and Wrigley (AP)

[ASFN Admin]

Media conglomerate Tribune Co. announced a definitive agreement Friday to sell all but a 5 percent stake in the Chicago Cubs and Wrigley Field to the billionaire Ricketts family, capping a tortuous process that began nearly 2 1/2 years ago. Tribune valued the transaction at about $845 million. "Our family is thrilled to have reached an agreement to acquire a controlling interest in the Chicago...

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