Chandler family may bid on Tribune

The Chandler family has been pushing for Tribune to sell for months, but now that the company’s auction is drawing only mediocre interest, the family has begun talks with private equity firms about a joint bid for a majority part of the Tribune Company. The family already owns 20 percent, and the idea would be to boost it to 51 percent with the equity companies holding the remaining 49 percent. Such a deal may involve spinning off Tribune’s television stations.