10/16/2009 05:12 am ET Updated May 25, 2011

Sam Zell May Not Leave Tribune Following Restructuring

But other people close to the restructuring talks, speaking anonymously because the discussions were supposed to remain private, caution that the major creditors have not yet given a clear indication whether they want Mr. Zell to leave or remain in some capacity. Nor has Mr. Zell said clearly whether he wants to go, though he is used to being the man in charge, and his authority would be diminished under new owners.

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