Troubled Tribune Co May Soon Have Michael Eisner as Chairman

According to a report by The Wrap, negotiations are in place to make former Disney CEO Michael Eisner chairman for the bankrupt Tribune Co., parent company of the Los Angeles Times. Official camps aren’t commenting, but The Wrap apparently has a source on the inside, known only as “the person.”

“Right now, it’s going to be Eisner,” the person said. “The lenders are going to try to take the company. It’s the only way they are going to get some of their money.

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