Tag Archives: Gannett

Gannett Bids $815M For Struggling Tribune Publishing

The Chicago Tribune reports: Gannett announced Monday an offer to buy Tribune Publishing, publisher of the Chicago Tribune, for $815 million, including the assumption of $390 million in debt. The unsolicited, all-cash offer, which translates to $12.25 a share, represents a 63 percent premium over Friday’s $7.52 a share closing price, as well as a premium over the $8.50 share …

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