A second major shareholder of Tribune Publishing stock has come out publicly to protest Tribune’s rejection of a takeover bid from Gannett.
At the same time, two industry advisory firms have publicly defended Tribune’s decision to say “no” to Gannett.
Gannett offered to buy Tribune(owner of the Hartford Courant) earlier this month for $864 million. Here’s a coverage roundup as week four comes to a close:
Another Investor Criticizes – LA TimesĀ
Investor Blasts Tribune – USA Today
…Strike a Deal – Poynter