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Tribune Co. Names President/Real Estate

LOS ANGELES-In an update to our earlier story, the L.A. Times has named Murray McQueen as president/real estate. His job is to assess the company's 7 million square feet of assets.

By Bruce Haring | Updated on July 18, 2013

LOS ANGELES-The Tribune Co. has named Murray McQueen to the new position of president/real estate. He will be charged with assessing the company’s real estate holdings.

As previously reported by GlobeSt.com, some analysts believe that any potential sale of the L.A. Times and other Tribune Co. newspaper publishing assets may hinge on their real estate value rather than intellectual property worthiness. McQueen’s appointment and other recent Tribune Co. executive statements seem to indicate the company is at least considering that possibility.

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