Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

TRIBUNE PUBLISHING COMPANY

(TPCO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Tribune Publishing : says Swiss billionaire Wyss walks away from buyout bid

04/19/2021 | 08:33am EDT
Swiss medical device company Synthes Chairman of the board Wyss speaks during the general shareholders meeting in Solothurn

April 19 (Reuters) - Tribune Publishing Co said on Monday Swiss billionaire Hansjoerg Wyss had decided to leave a group that had made a $680 million approach for the owner of the Chicago Tribune and the New York Daily News.

The bid from Newslight LLC, which Wyss had earlier been a part of, will no longer be expected to lead to a "superior proposal," Tribune said in a statement.

The Baltimore Sun owner received an $18.50 per share offer from Newslight earlier this month that trumped an earlier proposal from hedge fund Alden Global Capital, the largest shareholder in Tribune.

The $17.25 per share agreement with Alden remains in place, and shareholders of the publishing company should vote in favor of the Alden deal, the company said.

(Reporting by Tiyashi Datta in Bengaluru; Editing by Aditya Soni)


© Reuters 2021
All news about TRIBUNE PUBLISHING COMPANY
05/06TRIBUNE PUBLISHING  : Earnings Flash (TPCO) TRIBUNE PUBLISHING COMPANY Posts Q1 ..
MT
05/06TRIBUNE PUBLISHING  : Earnings Flash (TPCO) TRIBUNE PUBLISHING COMPANY Posts Q1 ..
MT
05/06TRIBUNE PUBLISHING : Q1 Earnings Snapshot
AQ
05/06TRIBUNE PUBLISHING  : Management's Discussion and Analysis of Financial Conditio..
AQ
05/06TRIBUNE PUBLISHING CO  : Results of Operations and Financial Condition, Financia..
AQ
05/06TRIBUNE PUBLISHING CO  : mpany Reports First Quarter 2021 Results
AQ
04/26TRIBUNE PUBLISHING CO  : Entry into a Material Definitive Agreement, Material Mo..
AQ
04/20NEWS HIGHLIGHTS : Top Company News of the Day
DJ
04/20Communications Services Down As Netflix Slides After Hours -- Communications ..
DJ
04/20Canadian National Makes $30 Billion Topping Bid for Kansas City Southern -- 6..
DJ
More news
Financials (USD)
Sales 2021 - - -
Net income 2021 - - -
Net Debt 2021 - - -
P/E ratio 2021 16,3x
Yield 2021 -
Capitalization 639 M 639 M -
Capi. / Sales 2021 -
EV / Sales 2022
Nbr of Employees 2 865
Free-Float 62,9%
Chart TRIBUNE PUBLISHING COMPANY
Duration : Period :
Tribune Publishing Company Technical Analysis Chart | TPCO | US89609W1071 | MarketScreener
Technical analysis trends TRIBUNE PUBLISHING COMPANY
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Average target price 18,00 $
Last Close Price 17,32 $
Spread / Highest target 3,93%
Spread / Average Target 3,93%
Spread / Lowest Target 3,93%
EPS Revisions
Managers and Directors
NameTitle
Terry A. Jimenez President, Chief Executive Officer & Director
Michael Norman Lavey Chief Financial & Accounting Officer, Controller
Philip G. Franklin Non-Executive Chairman
Carol Y. Crenshaw Independent Director
Richard A. Reck Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TRIBUNE PUBLISHING COMPANY26.42%639
NEWS CORPORATION48.58%15 425
THE NEW YORK TIMES COMPANY-17.06%7 208
REACH PLC56.34%980
NORTH MEDIA A/S43.36%335
REWORLD MEDIA27.92%268