The company’s owners are seeking an adviser for a possible sale after Tribune Co. exits bankruptcy, which is slated to happen by Dec. 31, according to the people, who asked not to be named because the talks are private. Rupert Murdoch, chairman and chief executive officer of News Corp. (NWSA), plans to take a close look at Tribune Co.’s newspaper assets once they’re available, according to a person with knowledge of his thinking.



