Tribune Deregisters Debt Securities
January 22, 2009 at 12:06 PM (PT)
TRIBUNE COMPANY has filed with the SEC to deregister its debt securities and suspend its reporting obligations under the Securities Exchange Act of 1934. By doing so, the company will no longer be required to file Forms 10-K, 10-Q, and 8-K with the SEC, which it had been required to do even after going private in DECEMBER 2007 because its Exchangeable Subordinated Debentures ("PHONES") due 2029 were listed on the NEW YORK STOCK EXCHANGE. The debentures were delisted by the NYSE this month due to TRIBUNE's Chapter 11 filing, which is enabling TRIBUNE to stop filing the reports with the SEC.
Monthly operating reports and other information about the company will continue to be made available in the company’s filings with the bankruptcy court.