Gannett Offers to Buy Tribune Publishing for $815M Cash and Debt

Gannett offered to pay $815 million including debt to buy Tribune Publishing, which emerged from bankruptcy less than two years ago. WSJ’s Lukas Alpert explains on Lunch Break with Tanya Rivero. Photo: AP

Why Gannett Wants the Chicago Tribune and L.A. Times. Tribune Publishing Co. is refusing to enter discussions on an $815 million offer from Gannett Co. Inc., a 63 percent premium to its closing price on April 22. Bloomberg’s Alex Barinka examines the offer on “Bloomberg ‹GO›.”




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