Newsonomics: McCormick Media’s Back in the Tronc Game, as Eyes Turn to the TRNC Ticker

Since Patrick Soon-Shiong has resolved his “transition issues” with Tronc and has finally taken formal ownership of the Los Angeles Times and the San Diego Union-Tribune, many eyes turned toward the NASDAQ at market open today. Their focus: TRNC. What will happen to the price of Tronc shares as investors, a good number of speculators among them, assess the post-L.A. Times value of a major daily newspaper chain effectively halved in the deal?

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