Deal of the Week

25: Tribune's Questionable Case to Fight Off Gannett


Listen Later

Newspapers might have a future. Surprised? There's more! Two of the last remaining big publishers -- Tribune, owner of the LA Times and Chicago Tribune, and Gannett, publisher of USA Today, are embroiled in merger talks. Here's the intrigue: In February, Tribune sold 5.2 million new shares to its chairman for just $8.50 each. And now, Tribune says Gannett's hostile offer of $12.25 per share ``understates the company's true value.'' Deal of the Week host Alex Sherman and media reporter Gerry Smith discuss Tribune's tactics -- and whether the two sides can ultimately strike a deal.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Deal of the WeekBy Bloomberg

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

71 ratings


More shows like Deal of the Week

View all
Bloomberg Law by Bloomberg

Bloomberg Law

359 Listeners

Bloomberg Surveillance by Bloomberg

Bloomberg Surveillance

1,195 Listeners

Bloomberg Intelligence by Bloomberg

Bloomberg Intelligence

399 Listeners

Bloomberg Businessweek by Bloomberg

Bloomberg Businessweek

428 Listeners

Masters in Business by Bloomberg

Masters in Business

2,184 Listeners

Trumponomics by Bloomberg

Trumponomics

348 Listeners

Odd Lots by Bloomberg

Odd Lots

1,778 Listeners

Bloomberg Business of Sports by Bloomberg

Bloomberg Business of Sports

149 Listeners

FT News Briefing by Financial Times

FT News Briefing

690 Listeners

The Intelligence from The Economist by The Economist

The Intelligence from The Economist

2,521 Listeners

Here's Why by Bloomberg

Here's Why

64 Listeners

Wall Street Week by Bloomberg

Wall Street Week

61 Listeners