-
Gannett Ends Tronc Merger Talks: What's That Mean For The News Industry?
Wednesday, November 2, 2016 - 10:11am | 819After a seven-month courtship that veered from strong affinity to acrimonious mud-slinging, Gannett Co Inc (NYSE: GCI) called off its merger talks with tronc Inc (NASDAQ: TRNC). Checkered M&A Move The initial move was made in April, and upon hitting rough weather, Gannett went public with an...
-
Gannett/Tronc Might Not Be Breaking Any News
Tuesday, October 25, 2016 - 11:33am | 383The tempestuousness that characterized the relationship between Gannett Co Inc (NYSE: GCI) and tronc Inc (NASDAQ: TRNC) may slowly be reaching a resolution. Related Link: What's Going On With Some Of These Major M&A Deals? A Brief History Gannett made an offer for...
-
Tribune Publishing Re-Brands As Tronc, Hilarity Ensues
Friday, June 3, 2016 - 8:35am | 485Tribune Publishing Co (NYSE: TPUB) is one of the most iconic, not to mention oldest newspaper and print media publishing companies in the U.S., having been founded back in 1847. A newspaper and print media company that's approximately 170 years naturally felt the need to re-brand itself to...
-
Tribune Publishing Rejected Gannett's Acquisition Offer, Highlights 'Clearly Inadequate' $15/Share Price
Monday, May 23, 2016 - 9:56am | 289Tribune Publishing Co (NYSE: TPUB) announced Monday morning that it has officially rejected a pending acquisition from Gannett Co Inc (NYSE: GCI). Gannett offered to acquire Tribune Publishing for $12.25 per share in late April, but revised its bid higher to $15 per share in mid-May. Tribune...
-
Tribune Declines Gannett's Takeover Offer Despite Company 'Getting Weaker'
Thursday, May 5, 2016 - 8:12am | 349Tribune Publishing Co (NYSE: TPUB), a multi-platform media and marketing solutions company, received an offer on April 12 from Gannett Co Inc (NYSE: GCI) to fully acquire the company at a price of $12.25 per share. Related Link: Tribune Publishing Confirms Unsolicited Offer From Gannett On Thursday...