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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
August 14, 2008
NEW YORK — Tribune Co. plunged to a $4.53 billion loss in the second quarter after taking a $3.84 billion charge to write down the book value of its newspaper brands.
The charge comes a day after E.W. Scripps Co. took a $874 million write-down as sharp declines in advertising revenue....
