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    10 years after Tribune Co. 'deal from hell,' Sam Zell and other former execs agree to pay $200M to settle leveraged buyout lawsuit

    by Robert Channick, Chicago Tribune Jun 17, 2019 3 minutes

    CHICAGO - More than a decade after Tribune Co. went private in a leveraged buyout that saddled the company with $13 billion in debt and led to its bankruptcy, Sam Zell and dozens of former executives have agreed to pay $200 million to settle a lawsuit brought by unsecured creditors.

    The settlement agreement, awaiting approval in a Delaware federal bankruptcy court, would close the book for the corporate directors and officers

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