Twice Updated: Eli Broad and Ron Burkle and the Chandlers are readying competing bids for all or part of the Tribune, Jim Rainey reports in the LAT He essentially confirms what the WSJ posted earlier.

→ In the Tribune sale derby, the Madison Dearborn Partners group is out of the bidding and Mark Lacter has the details (from the WSJ) on oddly constructed bids from Broad and Burkle and from the Chandler Family. Geffen may be out of the picture — for now. LA Biz Observed
→ Dean Baquet's talks with the New York Times about returning in a senior-level position are on hold to see what happens with a sale of the L.A. Times. His first choice is apparently to return to the helm at Spring street if Eli Broad or someone else wedges out the Tribunies. Editor & Publisher
→ End of the line for ReganBooks and Judith Regan's staff in Los Angeles. Staffers will return to HarperCollins in New York, except for Suzanne Wickham. She stays in Los Angeles as publicity director. GalleyCat
→ Mostafa Tabatabainejad, the UCLA student who was Tasered by campus police in a video seen all over the place on YouTube, filed a federal civil rights lawsuit alleging that his civil rights were violated. LAT
→ David Davis at SoCal Sports Observed notes the passing of pioneer female boxer Lilly Rodriguez, who makes an appearance in Dave's must-have book for L.A. sports aficionados: Play by Play: Los Angeles Sports Photography 1889-1989.
→ School Me's Bob Sipchen is live-blogging Mayor Villaraigosa's media event announcing his education ideas.
→ Bob Baker urges sportswriters and athletes to drop the overused word swagger from their menu of cliches. Native Intelligence
Lapin→ I'll be introducing CNN Pipeline anchor Nicole Lapin tomorrow night at the Los Angeles Press Club. She's in town from Atlanta to talk about the future of broadcast journalism in the age of citizen journalism. Everyone who attends gets a one-year VIP pass to CNN Pipeline, the network's premium broadband news service. Free for members, $5 for the rest of us.

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LA Biz Observed
8:42 AM Fri | AEG Live, promoter of the Michael Jackson shows in London, stands to recoup a big chunk of its investment, thanks to insurance and two golden opportunities.
8:06 AM Fri | Banks were far more accommodating in 1992, the last time warrants had to be issued, and that laissez-faire stance might have delayed cutting a deal.
Native Intelligence
TJ Sullivan | News of Michael Jackson's death -- along with about a dozen satellite trucks -- prompted a gathering outside UCLA Medical Center on Thursday.
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My marathon. The blow-by-blow.
LA Observed Script Project
The "Right of Way" rewrite is underway. Collaborator Marvin Wolf has already refined the project down to two documents, including a 25-page treatment, while finding time to knock out a novel or two on the side.
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