Gannett Approaches Possible Billion Dollar Deal to Buy Tronc

Early in the month, I reported an “imminent” sale of Tronc, publisher of a trove of newspapers including big-city broadsheets like The Los Angeles Times, Chicago Tribune and Baltimore Sun, to Gannett, publisher of USA Today as well as a vast array of regional newspapers around the country.

Given the always-to-be-expected unexpected delays in getting a deal done, “soon” would have been a better choice of words. “Soon” is still the best word, but now, we can attach a few specific considerations to the timing.

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