Thursday, May 29, 2008

Another asset on the block?

In an attempt to boost its short term liquidty, Tribune Media Services (TMS), which distributes news and entertainment listings, may be up for sale.

"We're providing certain information to parties who have expressed interest in some of the assets owned by TMS, but we have made no decision concerning those assets, and in no event would we sell all of TMS," the spokesman said Wednesday.
The media service could be worth about $200m.

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