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Business

Liguori leads Tribune CEO race

Peter Liguori, a former top executive at News Corp.’s Fox, as well as Discovery Communications, has emerged as the leading candidate for CEO at Tribune Co. once it emerges from bankruptcy, according to sources close to the situation.

Liguori is in late-stage talks, they said, but cautioned that a deal has not been signed yet and could still fall apart.

Tribune, which filed for bankruptcy four years ago, declined to comment. Liguori did not respond to a request for comment.

At Discovery, Liguori supervised the launch of OWN — The Oprah Winfrey Network.