Zell's Big Plans for Tribune

The billionaire real estate mogul has won the bidding for the struggling media company. Now, he needs to figure out how to solve its problems

By taking the beleaguered Tribune Company (TRB) out of Wall Street's gun sights with his $8.2 billion deal to buy the Chicago-based newspaper and TV giant, real estate billionaire Sam Zell solves some big problems for the outfit's managers. But he's taking on a host of others.

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