WSJ Deal Journal | Los Angeles Times
Dennis Berman has covered hundreds of mergers and acquisitions, but he can't recall one that was publicly contingent on the receipt of a solvency opinion. "There is one now:
Sam Zell's planned buyout of Tribune Co. People close to the deal say they expect Tribune to past the test without problem. Still, the fact that it exists is instructive on the nature of the deal." || Related
story.
