Ricketts family buying Cubs from Tribune

July 06, 2009 After 18 months of fits and starts, Tribune Co. has reached a definitive deal to sell the Chicago Cubs and landmark Wrigley Field -- bringing much-needed cash to the bankrupt media giant, the Chicago Tribune reported Monday. Citing a "source familiar with the matter," Tribune reporter Ameet Sachdev wrote on the paper's Web site that the agreement with the Ricketts family had been reached over the weekend, and the contract has been forwarded to Major League Baseball -- which would have to approve the new owners. In addition to the team and stadium, the sale includes Tribune's 25% take in Comcast SportsNet Chicago, a regional cable sports network.

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