Tribune to ‘Thoroughly Review’ New Gannett Offer

Posted Tuesday, May 17, 2016 11:00 am

Joe Pompeo | Politico Media

Tribune Publishing says it will "thoroughly review" rival newspaper company Gannett's latest acquisition offer.

Gannett on Monday offered to buy Tribune Publishing for $15 a share, a 99 percent premium over Tribune's April 22 share price of $7.52, and one that would value the company at roughly $864 million.

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Tribune to ‘Thoroughly Review’ New Gannett Offer

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