Billionaire real estate investor Sam Zell smiles during an interview in Chicago in this March 20, 2007 file photo. Tribune Co. has accepted a buyout offer from real estate investor Sam Zell in a deal valued at about $8.2 billion, the media company said Monday, April 2, 2007. Tribune said Zell plans to invest $315 million in the deal and the company will sell the Chicago Cubs baseball team at the end of this season.

Photo by M. Spencer Green, Associated Press

Billionaire real estate investor Sam Zell smiles during an interview in Chicago in this March 20, 2007 file photo. Tribune Co. has accepted a buyout offer from real estate investor Sam Zell in a deal valued at about $8.2 billion, the media company said Monday, April 2, 2007. Tribune said Zell plans to invest $315 million in the deal and the company will sell the Chicago Cubs baseball team at the end of this season.

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