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IPFS News Link • Media: Print

Tribune Co. Faces 'Real Possibility' Of Debt Default

08-23-2008 • Editor and Publisher

CHICAGO Tribune Co. faces a "real possibility" of defaulting on its $13.4 billion of debt, Fitch Ratings said Friday in a report that cut its credit rating deep into junk territory -- while warning a further downgrade is possible.

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Reported By Ernest Hancock

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Tribune Co. Faces 'Real Possibility' Of Debt Default

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