The Chandler family fired its first shot last summer. The onetime owner of the Los Angeles Times lashed out at Tribune Co.’s plan to take on debt to buy back $2 billion of its stock and blamed the Chicago company’s “disastrous” decision-making for its sinking stock price, the Los Angeles Times reports.

Those protests forced Tribune into play. But seven months later, the family that is Tribune’s largest shareholder is still waiting for satisfaction. And observers say it’s increasingly unlikely the Chandlers will get it from an auction set to end this week.

Tribune probably will attract few, if any, bids for the entire company by Wednesday’s deadline, and any offers it does receive are expected to be close to the current share price, according to several people who have been observing or participating in the process.

Tribune shares closed Friday at $30.60 , barely above their level when the Chandlers launched their protests in June.

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