Found July 13, 2009 on
Fox Sports:
The corporate owner of the Chicago Cubs is considering having the baseball team file for bankruptcy protection as a legal step to hasten its long-awaited sale, according to two people with knowledge of the process.
Tribune Co., which itself filed for bankruptcy protection in December, intends for the Cubs' own stay in Chapter 11 to be as short as a day or two.
Original Story:
http://www.pheedcontent.com/click.phd...
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