Zell may current up order to buy Tribune stake: report

Zell looks prepared to current up a warrant, which he negotiated as bit of his $8.2 billion deal to grip the companionship summit concealed in 2007, according to the paper.

The authorization gives Zell the just to buy circular 40 percent of the companionship representing $500 million and is the basis of his command above Tribune Co, the newspaper said.

"No agreements be obsessed been reached to date," a Tribune spokesman told the paper. "Sam, as satisfactorily as the repose of the managing team, remain behind actively betrothed and committed to Tribune."

Tribune was not at representing note on the report.

Tribune filed representing bankruptcy in December after thriving summit concealed in a deal led close by Zell that resulted in the companionship having $13 billion debt.

Zell said hindmost month Tribune could appear from bankruptcy close by the end of this year, while the likeliest client of its Chicago Cubs baseball side remains the Ricketts family.

(Reporting close by Ajay Kamalakaran in Bangalore; Editing close by Dan Lalor)