Tribune (TRB) volatility Up on LBO financing concerns & operating performance
- Top 10 News for 8/25 - 8/29: S&P 500's New Record; U.S. Q2 GDP Outpaces Views; Major Mergers Aplenty
- Pressure on U.S. to Update Terror Alert System After U.K. Raises Terror Threat Level
- American Airlines Group (AAL)/Orbitz Worldwide (OWW) Reach Agreement; American Airlines Back on Orbitz Sites
- FTC Requests Additional Info from Reynolds American (RAI), Lorillard (LO) on Pending Deal
- Digital Ally (DGLY) Warns Lofty CEO Expectations May Not Be Attainable
Tribune (NYSE: TRB) : Sam Zell announced on 4/2/07 his group would pay TRB shareholders $34 per share. TRB closed at $27.46. The expected closing is expected is before year end. TRB over all option implied volatility of 39 is above its 6-month average of 26 according to Track Data, suggesting larger price risks. Paul Foster
You May Also Be Interested In
- Traders Eye GT Advanced Technologies (GTAT) into Long Holiday Weekend
- UPDATE: Instagram (FB) Down for Some Users
- Image Sensing Systems (ISNS) Insider Sells Shares
Create E-mail Alert Related CategoriesOptions
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!