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Old 04-25-2016, 10:54 AM   #1
A.T. Hagan
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Default Gannett to buy Tribune Publishing for $388.3 million - and take on all its debt

Quote:
Debt-plagued Tribune owns LA Times, Chicago Tribune and other papers
Gannett Co, USA Today's owner, is offering to take on $390million debt
So far, Tribune is allegedly refusing to engage in talks over April 12 offer
The firm's fortunes have struggled since forming in August 2014
http://www.dailymail.co.uk/news/arti...ng-388-3M.html


Sale? Tribune, which owns the Los Angeles Times (offices in LA,
California, pictured), Chicago Tribune and other newspapers, is
valued at around $815 million, including about $390 million of
outstanding debt
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