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- Title
Tribune Rejects Gannett $15 Offer, Adds New Investor.
- Abstract
The article discusses Tribune Publishing Co.'s rejection of Gannett Co. Inc's latest offer of 15 U.S. dollars per share as it took on a new investor, biotech billionaire Dr. Patrick Soon-Shiong who bought 4.7 million newly issued Tribune shares at 15 U.S. dollars per share. Soon-Shiong is a medical doctor and surgeon from South Africa who is a serial entrepreneur in the health-sciences world and part owner of the Los Angeles Lakers National Basketball Association franchise.
- Subjects
TRIBUNE Publishing Co.; GANNETT Co. Inc.; STOCKS (Finance); SOON-Shiong, Patrick, 1952-; ENTREPRENEURSHIP
- Publication
Seybold Report: Analyzing Publishing Technologies, 2016, Vol 16, Issue 10, p5
- ISSN
1533-9211
- Publication type
Article