09/14/2009 05:12 am ET Updated May 25, 2011

Tribune Creditors Working To Force Sam Zell Out: Report

Eight months after the filing, two sources familiar with the process said creditors are working on a reorganization plan that elbows Zell aside. The creditors, including investment banks owed $8.6 billion from Zell's Tribune takeover, would stage a takeover of their own and sell off the company's newspapers and broadcast stations as they see fit.

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