Tribune Co. Buys Times-Mirror
The merger was approved Sunday by the Times Mirror's board of directors and is awaiting review by federal regulators. If approved the deal will create a company with a total circulation of 3.6 million in the nation's three-largest cities, placing it behind only Gannett Research and Knight Ridder. In addition to The Chicago Tribune, the Tribune company owns 22 television stations, cable and satellite stations, as well as numerous Internet entities. The Times Mirror Co. publishes the Los Angeles Times, the Baltimore Sun and the Hartford Courant, among others.