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Tribune Media Exploring Strategic Alternatives, Plans to Sell More of its Extensive Real Estate Holdings

Analysts expect Tribune Media Co. to begin selling off parts of the company rather than a buyer emer

Analysts expect Tribune Media Co. to begin selling off parts of the company rather than a buyer emerging for the whole thing after the media firm announced it was considering its strategic and financial alternatives.

“We believe that the value of the portfolio of businesses of Tribune Media is not fully reflected in the stock price and intend to explore ways to unlock value by reviewing strategic alternatives,” said Bruce Karsh, chairman of the…

Source: Co Star Commercial Real Estate