Gannett Co Inc (GCI.N), the publisher of USA Today, raised its unsolicited offer for Tribune Publishing Co (TPUB.N) to $15 per share from $12.25, valuing the publisher of the Chicago Tribune and the Los Angeles Times at about $475 million. Including debt, the ... More »
Gannett Co Inc (GCI.N), the publisher of USA Today, raised its all-cash offer to buy Tribune Publishing Co (TPUB.N) to $15 per share from $12.25, valuing the publisher of the Chicago Tribune and the Los Angeles Times at about $864 million. Tribune’s shares wer... More »
NEW YORK Oaktree Capital Management urged newspaper publisher Tribune Publishing to negotiate a merger with Gannett Co Inc after it declined a purchase offer by Gannett, Barron’s reported, citing 13D filings from May 5-11. Oaktree holds 14.8 percent of Tribune... More »
Newspaper publisher Tribune Publishing Co (TPUB.N) said its board had adopted a shareholder rights plan – popularly known as a “poison pill” – in a bid to thwart Gannett Co Inc’s (GCI.N) unsolicited takeover offer. Tribune shares fell nearly 6 percent in morni... More »
