Tribune Publishing Co.’s board of directors has rejected an unsolicited acquisition offer from Gannett Co., calling it an “opportunistic” bid that undervalued the company and wasn’t in the best interest of shareholders.
WSJ.com: US Business, Wall Street Journal: Business
Wed, 05/04/2016 - 3:54pm
Tribune Publishing Co.’s board of directors has rejected an unsolicited acquisition offer from Gannett Co., calling it an “opportunistic” bid that undervalued the company and wasn’t in the best interest of shareholders.