Zell Comments On Tribune Deal: Rips Broad, Calls Geffen "A Delightful Character"

Zell Comments On Tribune Deal: Rips Broad, Calls Geffen "A Delightful Character"

Billionaire investor Sam Zell said Tuesday that Los Angeles magnate Eli Broad had sought him out as a partner last month to win control of Tribune Co., then betrayed him with his own late attempt.

Zell's remarks to the Chicago Tribune were his first public comments detailing the frantic final scramble by a bevy of billionaires for the venerable media company. Zell won the contest late Sunday when Tribune accepted his $8.2-billion bid for the company, which owns the Los Angeles Times, KTLA-TV Channel 5, the Chicago Cubs baseball team and cable TV network Superstation WGN.

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