Gannett Offers to Acquire Los Angeles Times Owner Tribune in $815M Deal

2018-04-05 7,588

Gannett Offers to Acquire Los Angeles Times Owner Tribune in $815M Deal The owner of 'USA Today' offers $12.25 per share in cash for Tribune Publishing, whose stock jumps more than 50 percent. Newspaper giant Gannett Co., the owner of USA Today, said Monday it has offered to acquire Tribune Publishing Co., owner of the Los Angeles Times, Chicago Tribune,