trending Market Intelligence /marketintelligence/en/news-insights/trending/1MpPUtomGyR9LYU5OX_tug2 content esgSubNav
In This List

Report: Gannett circling TRONC again

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

2022 broadband forecast shifts to market share battle with intense competition

Blog

New RSN streaming plans continue to emerge

Blog

Insight Weekly: Cryptocurrency's growth; green bond market outlook; coal investors' windfall


Report: Gannett circling TRONC again

Gannett CoInc. held talks with TRONC INC., previously Tribune Publishing Co., in thelast two weeks about a potential takeover of the Chicago-based publisher, the New York Post reported July 20, citingtwo sources familiar with the matter.

Sources said Gannett did due diligence on TRONC as part of thetalks, which can go either way. The meeting, however, was not attended by TRONCChairman Michael Ferro Jr.

A source reportedly said the "talks were professional."

In June, Gannett offered to ink a customary non-disclosure agreement inrelation to its $15 per share all-cash, no financing contingency, offer toacquire TRONC.