Billionaire Sam Zell Wins Tribune Co.

Billionaire real estate mogul Sam Zell swooped late into the bidding for Tribune Co., and has now beat out the unlikely pairing of Ron Burkle and Eli Broad, according to today’s press release.

It looks like the Wall Street Journal got the story first, breaking it online, with the Tribune itself, and others close behind.

And since it broke before 6 a.m. on the west coast, we’ll let’s the Los Angeles Times James Rainey off the hook. Sure he’ll have something soon, though.