Mergers & AcquisitionsBy The Online Investor Staff, updated Wed., Mar. 3, 9:57 PM
|This Slide: #98 of 100|
Slide #98. Alden Global Capital — Tribune Publishing Company
Alden Global Capital
Tribune Publishing Company (NASDAQ:TPCO)
Tribune Publishing Company (NASDAQ: TPCO) ("Tribune" or the "Company") and affiliates of Alden Global Capital ("Alden") today announced that they have entered into a definitive merger agreement under which Alden will acquire all of the outstanding shares of Tribune common stock not currently owned by Alden for $17.25 per share in cash. Alden currently owns 11,554,306 shares of Tribune common stock, representing 31.6% of the Company's outstanding shares.
Strong Buy (4.00 out of 4)