Hints and tips:
...Earlier talks between Gannett and rival Tronc fell apart in 2016 after Gannett struggled to secure financing....
...Tronc, which owns the Chicago Tribune, has held negotiations on a deal to sell the company to a private equity firm....
...Tronc shares, which were briefly halted for volatility, were up nearly 15 per cent to $16.91 at pixel time after the Chicago Tribune reported that its parent Tronc, was considering an offer of between $19...
...Two weeks ago, the tronc Inc newspaper company that owns the Chicago Tribune and other papers said it was scrapping its much-mocked name and reverting to the sensible title it ditched just two years earlier...
...Graphics in this article were updated on March 6 to correct tronc/Tribune’s ownership status and reflect the closure of Rocky Mountain News...
...Vogue owner Condé Nast has put three of its titles up for sale; New York Media has hired advisers to explore offers for New York magazine and its websites; and the Chicago Tribune publisher Tronc has held...
...Meredith, owner of Better Homes and Gardens, also last year bought Time Inc for $2.8bn, absorbing titles such as Time and People. Rodale, the publisher of Men’s Health, was snapped up by Hearst....
...Shares in Tronc edged down by less than 1 per cent in early trade in New York. The company did not immediately respond to a request for comment....
...In a statement, Tronc said: This week, we became aware of allegations that Ross Levinsohn acted inappropriately....
...Justin Dearborn, Tronc chief executive....
...US news websites owned by the Chicago-based media company Tronc — including the Los Angeles Times, Chicago Tribune and Baltimore Sun — were not available to European readers after the rules came into effect...
...“That is clearly one of our objectives,” says Jean-Noel Tronc, chief executive of Sacem....
...In 2013, they explored buying newspapers owned by the Tribune Company (now known as Tronc), including the Los Angeles Times and Chicago Tribune, but ultimately decided against a bid....
...A previous foray into media fizzled: in 2013, they explored buying eight regional newspapers owned by the Tribune Company (now known as Tronc), including the Los Angeles Times and Chicago Tribune, but ultimately...
...When Mr Murdoch split his media empire, he lobbied the FCC to relax newspaper and broadcaster ownership rules as he eyed buying the papers from the Tribune Company, now known as Tronc....
...Tronc shares were down 22 per cent to $13.20 a share. Gannett’s stock was down 18 per cent, having slipped more than 50 per cent since it first announced interest in Tronc....
...Gannett, the publisher of USA Today, has decided “not to pursue” a deal with rival newspaper group Tronc, the company said on Tuesday....
...But Oath was panned on social media, with Twitter users comparing the name to the widely mocked rebrand last year of Tribune Publishing to “tronc, Inc”....
...The figure rumoured to have been agreed for Tronc represented a cool 150 per cent premium to Tronc’s level six months ago when the fireworks launched....
...Gannett and Tronc declined to comment. Tronc shares were down 22 per cent to $13.20 a share....
...Gannett and Tronc had provisionally agreed a price of $18.75 a share, which would have valued Tronc at close to $900m including debt....
...The New York Times, Financial Times, Gannett, which owns USA Today, and Tronc, owner of titles including the Los Angeles Times and Chicago Tribune, have suffered similar declines....
...Gannett, owner of USA Today, is trying to buy Tronc, formerly Tribune Publishing, owner of titles such as the LA Times....
...the UK, rival newspapers are teaming up on joint advertising sales operations while the trend towards consolidation continues in the US, where Gannett, the owner of USA Today, recently attempted to buy Tronc...
...Like every legacy print publishing business, Time wants to prove itself in the digital world (see: Tronc)....
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