Report: Final Bidder for Cubs to Be Announced This Week

Written by Maury Brown

Monday, 19 January 2009 11:33

The final bidder for the Chicago Cubs, Wrigley Field, and a 25 percent stake in Comcast SportsNet Chicago will be selected by Sam Zell and the Tribune Co. by the middle of this week, according to a report by the Wall St. Journal.

The three finalists include Thomas Ricketts, chief executive of Chicago investment bank Incapital LLC and the son of Joseph Ricketts, the founder of TD Ameritrade Holding Corp, Marc Utay, a managing partner with New York-based private equity firm Clarion Capital Partners LLC; and Chicago real estate executive Hersh Klaff.

Tribune has filed for Chapter 11 bankruptcy protection, with the Cubs

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