Can I still participate in the Employee Stock Purchase Plan (ESPP)?
The ESPP will make its last purchase of company stock on April 18. After this time, you may not purchase company stock at a discount. * If you were paid on March 30, that will be the date of your last ESPP payroll deduction. * If you were paid on April 6, that will be the day of your last ESPP payroll deduction. Tender Offer Q&A On April 2, Tribune announced a two-stage transaction which will result in the company becoming privately-held and Tribune shareholders receiving $34 per share. * The first stage includes a cash tender offer for approximately 126 million shares at $34 per share. The tender offer will begin on April 25, 2007, and close on May 24, 2007, unless the offer is extended. * The second stage is a merger expected to close in the fourth quarter of 2007 in which the remaining publicly-held shares will be purchased for $34 per share. If you hold shares of company stock in your retirement plan, the Employee Stock Purchase Plan (ESPP) or outside of these plans, you will recei
