Michael Ferro’s Tronc Aims to Complete Chicago Domination With Sun-Times Purchase

Update: Final bids for the Sun-Times are now due on June 5: http://www.chicagotribune.com/business/ct-tronc-sun-times-deal-other-buyers-0601-biz-20170531-story.html   While Tronc chairman Michael Ferro has enjoyed the celebrity allure of his largest paper, the Los Angeles Times, it is in ...

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Newsonomics: Michael Ferro’s Creeping Privatization of Tronc

On Thursday, Michael Ferro solidified his control of Tronc, the company he seized a more tentative kind of control of just 13 months ago, deposing then-Tribune Publishing CEO Jack Griffin in a quick coup de press. This week’s move looked financial, but too, speaks deeply to power and control. ...

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