Tribune sale sunk?

It looks like Wall Street isn't high on the sale of the Tribune Co. to Sam Zell, given Tribune's sinking sale price. And yours truly is having second thoughts about the sale, which would keep all the properties (except the Cubs) together, even though this blog voiced support for the sale and to keep the media properties intact - but that was before some major media missteps (and then some ) that has happened since - not to mention that coverage on certain issues (the state budget crisis, for example) - hasn't been reported on enough.