Cubs File For Bankruptcy
NEW YORK — The Chicago Cubs filed for Chapter 11 bankruptcy protection Monday, a step that will allow their owner to sell the baseball team in a...
NEW YORK — The Chicago Cubs filed for Chapter 11 bankruptcy protection Monday, a step that will allow their owner to sell the baseball team in a...
Ted Goeglein | Posted 05.25.2011
The Cubs' old pile of bricks stinks of inebriated resignation. It's time for Wrigley Field to be gutted of the past and rebuilt for the future.
AP | Posted 05.25.2011
CHICAGO (AP)--Major League baseball owners have unanimously approved the sale of the Chicago Cubs from Tribune Co. to the Ricketts family. ...
AP | DEBORAH YAO | Posted 05.25.2011
WILMINGTON, Del. — The sale of the Chicago Cubs moved closer Tuesday as a bankruptcy court judge said the team can go to the family of billionai...
Bloomberg News | Christopher Stern | Posted 05.25.2011
U.S. antitrust officials approved Tribune Co.'s sale of the Chicago Cubs baseball team to the Ricketts family, which founded TD Ameritrade Holding Co....
AP | RANDALL CHASE | Posted 05.25.2011
WILMINGTON, Del. — A Delaware bankruptcy judge on Monday approved Tribune Co.'s request for quick court action on the company's planned sale of ...
Chicago Tribune | Ameet Sachdev | Posted 05.25.2011
After months of intense negotiations to buy the Chicago Cubs, the Ricketts family threw a curveball at Tribune Co. late last month. The family gave t...
Chicago Sun-Times | Posted 05.25.2011
Oh, the tangled webs that Tribune Co. Chairman Sam Zell can weave. The long process he spun for selling the Cubs probably cost his debt-strapped compa...
AP | DAVE CARPENTER | Posted 05.25.2011
CHICAGO — Media conglomerate Tribune Co. announced a definitive agreement Friday to sell all but a 5 percent stake in the Chicago Cubs and Wrigl...
Chicago Tribune | Ameet Sachdev | Posted 05.25.2011
The sale of the Cubs to the Ricketts family is "imminent," sources said Thursday....
AP | DAVE CARPENTER | Posted 05.25.2011
CHICAGO — The corporate owner of the Chicago Cubs is considering having the baseball team file for bankruptcy protection as a legal step to hast...
Reuters | Posted 05.25.2011
Tribune Co has agreed to terms for the sale of the Chicago Cubs to a group led by private equity investor Marc Utay, giving the company two offers to ...
AP | DON BABWIN | Posted 05.25.2011
CHICAGO — The Tribune Co. has reached a written agreement to sell the Chicago Cubs, Wrigley Field and other assets to the family of TD Ameritrad...
ESPN Chicago | Posted 05.25.2011
Dallas Mavericks owner Mark Cuban said he has no plans to become a candidate again to own the Chicago Cubs, despite reports that the bidding has been ...
Reuters | Ben Klayman and Megan Davies | Posted 05.25.2011
Talks to sell the storied Chicago Cubs baseball team have reopened with a rival bidding group, and are continuing alongside negotiations with the orig...
Chicago Tribune | Paul Sullivan | Posted 05.25.2011
Sports Business Journal reports today that Tom Ricketts has lined up three banks--JPMorgan Chase, Citigroup and Bank of America--to arrange the $450 m...
Chicago Tribune | Posted 05.25.2011
The sale of the Chicago Cubs has taken on the timeless quality of a baseball game. ...
Crain's Chicago Business | Ann Saphir | Posted 05.25.2011
Tom Ricketts is offering private investors a stake in the Chicago Cubs as he works to finance a $900-million acquisition of the team by his family. C...
AP | RICK GANO | Posted 05.25.2011
CHICAGO — The Cubs are likely to remain under the ownership of Tribune Co. through the early part of the season. Cubs chairman Crane Kenney sai...
Chicago Tribune | Dave van Dyck | Posted 05.25.2011
The sale of the Cubs to the Ricketts family may drag on past Opening Day, according to Commissioner Bud Selig....
AP | JOSH FUNK | Posted 05.25.2011
OMAHA, Neb. — The family of TD Ameritrade founder Joe Ricketts will sell 34 million of its shares in the online brokerage back to the company in...
Chicago Tribune | Paul Sullivan | Posted 05.25.2011
It looks as if the Tribune era of Cubs ownership will end without a World Series championship, just as the Wrigley family reign ended in failure in 19...
AP | ANDREW SELIGMAN | Posted 05.25.2011
CHICAGO — A billionaire family of Chicago Cubs fans _ including one who first met his wife in the bleachers at Wrigley Field _ is set to purchas...
Chicago Tribune | Michael Oneal and Ameet Sachdev | Posted 05.25.2011
Tribune Co. executives have chosen a favorite among three bids for the Chicago Cubs and have given that recommendation to the unsecured creditors comm...
Chicago Tribune | Michael Oneal | Posted 05.25.2011
A month into its Chapter 11 bankruptcy case, Chicago-based Tribune Co. is beginning to form a strategy for holding the company's major assets together...
AP | ANDREW VANACORE | Posted 05.25.2011