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Tribune Media Completes Sale of Tribune Tower in Chicago, Sells Off Pair of LA Assets for Total Consideration of $430 Million

Disposition of Namesake Tower as Well as Los Angeles Times Square and Olympic Printing Plant Continues Divestment Strategy for Media Conglomerate
By Bryce Meyers
CoStar News
September 28, 2016 | 5:58 P.M.

Tribune Media Co. (NYSE: TRCO) has completed its previously announced sale of the Tribune Tower in Chicago to a joint venture comprised of Los Angeles-based CIM Group and local partner Golub & Co.

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