The offices of the Los Angeles Times, one of Tribune Co.'s media outlets, stands in Los Angeles, California, U.S., on Tuesday, July 23, 2013. Tribune Co. risks having its credit rating cut unless it shifts about $400 million of borrowings to the Chicago Tribune, Los Angeles Times and other newspapers its divesting, a move that would contrast with debt-free print spinoffs by News Corp. and Belo Corp. Photographer: Patrick T. Fallon/Bloomberg via Getty Images