Don’t say we didn’t tell you to be circumspect about the prospects of the deal being done soon.

The Tribune Co. is apparently “working on a deal” to sell the team, Wrigley Field and other assets to a group led by New York investor and former Chicagoan Marc Utay.

“They are not as far along as the Ricketts family but making quick progress,” a source told the Chicago Tribune on Tuesday. Muskat Ramblings.

Reuters has even gone so far as to report that the TribCo. has struck a deal with Utay, though that report has been disputed.

Oh, drama. As the world turns…

Keep Reading BN ...

« | »