TPCO News and Press, Tribune Publishing Company From 12/31/20

CHICAGO, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced that it has designated a special committee of its Board of Directors to act on behalf of the Company in respect of the acquisition proposal made by Alden Global Capital on December 14, 2020. ...

Shares of Gannett (NYSE: GCI) were moving higher today as the company seemed to get a boost from news that rival Tribune Publishing (NASDAQ: TPCO) , the publisher of newspapers including the Chicago Tribune and New York Daily News , may be acquired. As a result, ...

Tribune Publishing ([[TPCO]] +9.2%) has closed the sale of its majority stake in BestReviews to Nexstar Media Group ([[NXST]] +1.1%).Also updated its guidance for Q4 and FY 2020 and released revenue and AEBITDA guidance for 2021.In Q4 2020 it expects to generate $191M-$192M in revenue vs. $20...

CHICAGO, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced that it has closed the sale of its majority stake in BestReviews to Nexstar Media Group, Inc. (NASDAQ: NXST). BestReviews LLC was owned 60% by Tribune and 40% by its founders, BR Holding Comp...

Alden Global Capital, known for hostile takeover bids for publishing companies, says it has offered to take full control of Tribune Publishing (TPCO) for $14.25 per share, an 11% premium to the last closing price.The deal would value the Chicago Tribune publisher at $520.6M.Alden owns a ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. An unforgettable 2020There was no shortage of coronavirus headlines in 2020 and the economic shocks from the pandemic are likely to reverberate for the for...

Alden Global Capital is the single largest shareholder in Tribune Publishing (TPCO) with a 32% stake, but the hedge fund is looking to purchase the company outright, WSJ reports.Alden already cemented a firmer position on the Tribune board in July, when it took control of a third seat out of ...

Nexstar, wholly-owned subsidiary of Nexstar Media Group (NXST), entered into a definitive agreement to acquire leading consumer product recommendations company BestReviews from Tribune Publishing (TPCO) for $160M.Transaction is immediately accretive to Nexstar's operating resul...

CHICAGO, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced that after a comprehensive sales process Tribune and BR Holding Company, Inc. have entered into a definitive agreement to sell 100% of BestReviews LLC to Nexstar Inc., a wholly-owned sub...

The following slide deck was published by Tribune Publishing Company in conjunction with their 2020 Q3 earnings call. For further details see: Tribune Publishing Company 2020 Q3 - Results - Earnings Call Presentation