Ferro Says ‘No Price’ for Tribune Publishing as Analysts Predict Higher Bid

Tribune Publishing and its chairman, Michael Ferro, are ready to turn the page after rejecting Gannett’s $815 million offer to buy the owner of the Chicago Tribune, Los Angeles Times and other major newspapers, but some analysts and shareholders are far from sold.

In an interview Thursday, Ferro said Chicago-based Tribune Publishing’s newly outlined plans for leveraging the digital assets of the company will bring more value to shareholders than Gannett’s offer.

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