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Bankruptcy Judge Authorizes Tribune Bonuses

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A federal bankruptcy judge in Delaware has authorized the Tribune Co. to pay up to $45 million dollars in bonuses to managers this year, the Associated Press reported on Friday. Tribune says that the proposed bonuses are reasonable and appropriate and that there were no objections from creditors. The judge will hold a hearing in Wilmington, Del., next month to determine whether to approve Tribune's latest proposal to emerge from chapter 11.