Come to Think of It: Assessing the Impact of Tom Ricketts or Marc Utay for Cubs

July 7, 2009 by  

Updated on July 7, at 3pm CT

Just when we thought we had a new owner, now comes word that the ongoing saga of "Let's make a Cubs deal" has a new angle.

According to Crain's Chicago Business, the Tribune has reached a tentative deal with a second buyer for the Cubs.

The second bidders are a group led by private equity investor Marc Utay. The report says that the Tribune Company will present both this, as well as the Ricketts family proposal to the bankruptcy court.

"We have not reached an agreement on terms with either party," Tribune spokesman Gary Weitman said.


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