NEW YORK (Reuters) - Tribune Co. is preparing for a possible bankruptcy-protection filing as soon as this week, The Wall Street Journal reported on its website on Sunday, citing people familiar with the matter.
The newspaper-and-television concern in recent days has hired Lazard Ltd. as its financial adviser and a legal counsel for a possible trip through bankruptcy court, the paper reported, citing people familiar with the matter.
Messages left with Tribune and Lazard were not immediately returned.
The Journal cited a Tribune spokesman saying the company doesn't comment on rumors or speculation. It said a Lazard spokesman didn't immediately respond to a request for comment.
(Reporting by Megan Davies; Editing by Leslie Adler)
