Ken Doctor: Michael Ferro’s Tronc Nears Purchase of Wenner’s Us Weekly

Tronc (TRNC) , the third-largest U.S. newspaper company, is closing in on a deal to buy Us Weekly from Jann Wenner’s Wenner Media. The purchase price likely would be in the $85 million to $95 million range, sources said, with Tronc chairman Michael Ferro believing the acquisition will ...

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Tronc Considers a Counter to Gannett’s 3rd-Sweetened Offer

It’s apparently no longer a question of whether to sell or not, but for how much. For four months, Tronc – the company formerly known as Tribune Publishing, parent of The Los Angeles Times and The Chicago Tribune among other similarly august titles in smaller markets – has steadfastly and ...

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Tronc Awards Potential Millions to Two Top Execs; CEO, CFO Could Get Last Tronc Laugh if Gannett Buys the Company

In a move of perhaps canny timing, two top Tronc executives are now enjoying enhanced pay packages – ones that will pay out millions of dollars should Tronc be sold to Gannett or another bidder. Further, the possibility of sale – still a quite live one this summer – could be on the table ...

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Newsonomics: Tronc M, Tronc X, or Just Tronc — It’s Still in An Uncertain Position

Related column: A Tronc Tomorrow: The Return of Gannett and the Uberfication of News   Anyone looking for drama in today’s Tronc second-quarter financials was disappointed. No dramatic announcements, internally or externally — and not a peep out of Gannett of its intentions to mount a new ...

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A Tronc Tomorrow: The Return of Gannett and the Uberfication of News

  Related column: Newsonomics: Tronc M, Tronc X, or just Tronc — it’s Still in an Uncertain Position   Time for another Tronc (Tribune Publishing) quarterly financial report. Time for more intrigue. And this time, we can ask: what kind of surprise might tronc chairman and digital ...

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Newsonomics: Can Michael Ferro’s ‘I Am Tribune’ Routine Hold Up In Court?

As Gannett’s strategy to make a quick kill of Tribune Publishing goes south, could a lawsuit save it?   Large Tribune investors have all but threatened to file suit. They’ve charged that Tribune chairman Michael Ferro isn’t representing the interests of all shareholders, as a leader of a ...

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Newsonomics: Readers’ Guide Tribune gets Troncked: A Reader’s Guide to the Tribune/Gannett War

        In a move that, even amid all the nastiness of the Tribune/Gannett war, we would still have to consider stunning, Tribune Publishing has renamed itself — to tronc. In a memo to Tribune staff this afternoon, CEO Justin Dearborn wrote: Today, I am pleased to announce ...

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Newsonomics: How Gannett’s Bid for Tribune Went South

Gannett’s hopes for a quick acquisition of Tribune Publishing, the owner of the Los Angeles Times, Chicago Tribune, Baltimore Sun and a half dozen other regional newspapers, are looking increasingly problematic. Tomorrow at the Los Angeles office of law firm Sidley Austin, Tribune will hold its ...

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Tribune’s Michael Ferro: Sell to Gannett? We’ll Buy Gannett!

Tribune Publishing chairman Michael Ferro hasn’t said much in public since Gannett, the largest newspaper company in the U.S., went public with its hostile takeover bid for his company. But inside the company, publisher of a slate of struggling but nationally recognized broadsheets like The ...

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Tribune’s Anti-Gannett Strategy: Tronc, The Lagos Gambit and Stalling

Now, in the likely last chapters of the Tribune saga, parody precedes event. As Justin Dearborn – sans his boss, Tribune board chairman Michael Ferro – outlined the company’s new “billion-dollar” thinking Wednesday, a column in LA’s Downtowner proceeded to steal his strategic thunder. Entitled ...

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