The Tribune Co. is now on the clock…

But it looks like that self-imposed deadline by Tribune for bids on the company maybe extended, thanks to an 11th-hour bid by Los Angeles billionaires Eli Broad and Ronald Burke, a $34-a-share offer to Chicago billionaire Sam Zell’s $33-a-share offer.

Reportedly, the loser will have his head shaved in the ring at Wrestlemania.

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