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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Picking Up the Pieces of the Broken Gannett–Tronc Deal

As Gannett’s deal to buy Tronc unwound in real time Thursday, punctuated by historic one-day share price slides, those in and around the deal struggled for words to describe it. Collapse. Hit the wall. Game over. However, for the money guys all around this deal, it’s a phenomenon they’ve seen ...

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Triple Witching This Week @Gannett? 3Q Earnings, “Significant Layoffs” & Tronc Closure

Early in the month, I reported an “imminent” sale of Tronc, publisher of a trove of newspapers including big-city broadsheets like The Los Angeles Times, Chicago Tribune and Baltimore Sun, to Gannett, publisher of USA Today as well as a vast array of regional newspapers around the ...

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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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Tronc Turmoil: Beyond the Public Quiet, Pressure Builds in Delaware Courts, Gannett HQ and Tribune Tower Itself

After noisily consuming much of the news industry oxygen during the first half of 2016, the quiet currently emanating from tronc HQ seems almost unsettling. There have been no tronc announcements since the big news of Tribune Publishing re-naming on June 20. Gannett hasn’t made a peep since ...

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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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