Gannett Sweetens Bid for Chicago Tribune Parent Tronc – WSJ

Blithe Spirit 1 Minute

Ferro is a dealer, for sure. Has unwelcome buyer raising the price.

Gannett Co. has privately sweetened its bid for Tronc Inc., according to people familiar with the matter, hoping to overcome resistance to a sale from the parent of the Chicago Tribune and Los Angeles Times.

Still won’t sell, is my bet.

Published by Jim Bowman

Jim Bowman covered religion 1968-78 for the Chicago Daily News, since then has written books, articles, etc., mostly on corporate history but also on religion (Company Man: My Jesuit Life, 1950-1968), and more recently on politics (Illinois Blues: How the Ruling Party Talks to Voters -- Lulu.com, Kindle). Longtime Oak Park, Illinois, resident, he lives now on Chicago's North Side, where four of his and Winnie's six children live close by.

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