Tribune sees higher-than-expected 2009 cashflow

Fri Nov 13, 2009 6:24pm EST
 
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NEW YORK, Nov 13 (Reuters) - Tribune Co's (TRBCQ.PK) cashflow this year will be nearly $400 million, nearly double what the bankrupt newspaper publisher and broadcaster projected, according to a company memo sent on Friday.

Tribune also asked a bankruptcy court to extend until the end of March 2010 a period in which it is the only group that can submit a reorganization plan for the company.

Tribune released the details in a memo obtained by Reuters. (Reporting by Robert MacMillan)

 

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