Tribune Watch: No word on sale of Tribune Co.

The bids are due today for the Tribune Co., but there is still no word on who will end up with the media conglomerate – Chicago billionaire Sam Zell, who’s offering $33 a share, or the two L.A. billionaires, who’s offering $34 a share. There is a chance that the deadline could be extended, and at this late hour, it likely will. If we hear anything, we’ll certainly post it here, as whatever happens will likely change the face of Chicago’s biggest media company. Stay tuned.