The Tribune Company, which had put itself on the market, indicated over the weekend that it might reshape its future without outside help, the New York Times reports.

On the auction block since last fall, the company, which owns The Los Angeles Times, The Chicago Tribune and other media properties, received three bids last week, for all or part of the company.

A committee of Tribune board members that met on Saturday in Chicago was weighing those bids, but the board could also take steps on its own to achieve its goal, which is to increase the price of Tribune stock, the committee chairman said.

“The committee is actively engaged in the review process,” the chairman, William A. Osborn, the company’s lead independent director, said in a statement. “Assisted by our outside legal and financial advisers, we are carefully considering all alternatives for creating additional shareholder value. These alternatives include potential transactions involving third parties as well as actions the company may take alone.”

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