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Tribune Lawsuit Back in Appeals Court

Tribune Lawsuit Back in Appeals Court

Posted - Sep. 27, 2004 at 7:40 a.m.



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SALT LAKE CITY (AP) -- The Tenth Circuit Court of Appeals is hearing arguments today in the legal battle for control of the Salt Lake Tribune.

The court is reviewing the appraisal process that determined former owners of the paper would have to pay 355 (M)million dollars to exercise a 1997 option to buy it back.

A U-S District Court judge upheld the price this fall.

But the Salt Lake Tribune Publishing argues that the price is at least 100 (M) million dollars too high.

The Denver appeals court hasn't set any time limit for ruling on the case.

(Copyright 2004 by The Associated Press. All Rights Reserved.)

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