trending Market Intelligence /marketintelligence/en/news-insights/trending/1MpPUtomGyR9LYU5OX_tug2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Report: Gannett circling TRONC again


Episode 11: AI/ML maturity and pandemic effects‬

A room with a view: a non-tech explanation of containers and Kubernetes

Private equity TMT activity making comeback in Europe


Episode 10: Cloud Pricing & Complexity

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.