The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Wed., Mar. 3, 9:57 PM

Slide #98. Alden Global Capital Tribune Publishing Company

Acquirer: Alden Global Capital
Acquiree: Tribune Publishing Company (NASDAQ:TPCO)
Details: 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.



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Company Name: 
Tribune Publishing Co (New)
Website: 
www.tribunepublishingco.com
Sector: 
Publishing & Printing
Number of ETFs Holding TPCO: 
20
Total Market Value Held by ETFs: 
$25.39M
Total Market Capitalization: 
$621.00M
% of Market Cap. Held by ETFs: 
4.09%
 

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Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

Analysts' Target Price:
TPCO Stock Forecast

Based on Zacks ABR data;
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