Is the state facing another nuke-closure crisis? – Crain’s

Two Illinois nuclear plants are at risk of closing well before their useful lives are over. If you think you’ve heard that one before, it’s because you have. Exelon lobbied successfully in 2016 for $2.4 billion in state-ordered subsidies over a decade to keep open the company’s Clinton and Quad Cities nuclear stations.

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McCormick Media’s deal to buy Michael Ferro’s Tronc stake falls through – Chicago Tribune

An investor group’s deal to buy former Tronc Chairman Michael Ferro’s entire stake in the newspaper chain has fallen through.

In April, Ferro struck the deal to sell his 25.6 percent stake in Tronc — which owns the Chicago Tribune, the Los Angeles Times and other newspapers — for $208.6 million to McCormick Media. Ferro owned the shares personally and through his Merrick Media and Merrick Venture Management entities.

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