Gannett Raises Offer to Buy Tribune

Posted Monday, May 16, 2016 7:50 am

Roger Yu | USA Today

Gannett Co., which owns USA TODAY and more than 100 local news properties nationwide, said Monday it raised its offer to buy Tribune Publishing Co. to $15 per share, dialing up the pressure after its earlier bid was rejected by Tribune’s board of directors despite some shareholders’ call for a negotiation.

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Gannett Raises Offer to Buy Tribune

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