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3 Suitors Give Second-Round Bids For Chicago Cubs

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Dec 2, 2008 6:26 pm US/Central

3 Suitors Give Second-Round Bids For Chicago Cubs

CHICAGO (AP) ― At least three would-be buyers of the Chicago Cubs baseball franchise have submitted second-round bids to the Tribune Company.

The Chicago Tribune, which is also owned by Tribune, and The Wall Street Journal said in stories late yesterday and today that the company received at least three new offers by its deadline Monday.

Both papers identified the suitors as: Tom Ricketts, a Chicago financier; Hersch Klaff, who owns a Chicago commercial real estate firm; and a partnership between two New Yorkers involved in private equity, Marc Utay of Clarion Capital and Leo Hindery Jr. of InterMedia Partners.

A spokeswoman at Tribune's headquarters said the company had no comment.

Messages left for Ricketts, Klaff and Utay were not immediately returned. A number for Hindery could not be found.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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