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OFFON

TRIBUNE PUBLISHING COMPANY

(TPCO)
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Tribune Publishing Company Announces Executive Changes

05/25/2021 | 02:08pm EDT

On May 24, 2021, Agreement and Plan of Merger, by and among Tribune Publishing Company, Tribune Enterprises, LLC, Tribune Merger Sub Inc., Merger Sub merged with and into the Company, with the Company continuing as the surviving company and as a wholly owned subsidiary of Parent. Pursuant to the Merger Agreement, at the Effective Time, each of Philip G. Franklin, Richard Reck, Carol Crenshaw, Christopher Minnetian, Dana Goldsmith Needleman, Terry Jimenez and Randall Smith were removed from the Company's board of directors and Heath Freeman was appointed a director of the Company. In addition, in connection with the Merger, on May 24, 2021, R. Joseph Fuchs, Joshua Kleban and Michael Monticciolo were each appointed as directors of the Company. Additionally, in connection with the Merger, on May 24, 2021, Terry Jimenez was removed as the Chief Executive Officer of the Company and Mr. Freeman was named President of the Company. Mr. Freeman, 41, has served as the President of Alden Global Capital LLC.


ę S&P Capital IQ 2021
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Financials (USD)
Sales 2020 746 M - -
Net income 2020 -39,0 M - -
Net cash 2020 25,8 M - -
P/E ratio 2020 -11,8x
Yield 2020 1,96%
Capitalization 636 M 636 M -
EV / Sales 2019 0,58x
EV / Sales 2020 0,59x
Nbr of Employees 2 865
Free-Float 95,0%
Chart TRIBUNE PUBLISHING COMPANY
Duration : Period :
Tribune Publishing Company Technical Analysis Chart | TPCO | US89609W1071 | MarketScreener
Income Statement Evolution
Managers and Directors
Heath Bradford Freeman President & Director
Michael Norman Lavey Chief Financial & Accounting Officer, Controller
R. Joseph Fuchs Director
Joshua P. Kleban Director
Michael J. Monticciolo Director
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