The CNN Wire: Latest updates on top stories - Blogs from CNN.com: “By David Goldman
CNNMoney.com
NEW YORK (CNNMoney.com) — Media conglomerate Tribune Co., publisher of the Chicago Tribune, announced Monday it is filing for Chapter 11 bankruptcy protection.
The Chicago-based company said the restructuring focuses on the company’s debt, not on its operations. The company said its businesses will remain in operation throughout the restructuring of its debt obligations.”