New owner of SNews/TCPalm offers $388M to buy Tribune chain: LA Times, Chicago Trib, 9 others

 

Gannett operates its newspaper empire via its USA Today Network, which the company operates to share resources among its large base of newspapers. (Source: Herald Tribune)

From the Herald Tribune: Newspaper publisher Gannett said today that it wants to buy Tribune Publishing for more than $388 million, in a deal that would give the owner of USA Today control of the Los Angeles Times, the Chicago Tribune and several Florida newspapers.

Gannett operates five newspapers in the state: The Tallahassee Democrat; Florida Today, in Melborne; the Naples Daily News; Treasure Coast Newspapers, including TCPalm in Stuart, and The News-Press of Fort Myers

For the complete story:  http://www.heraldtribune.com/article/20160425/ARTICLE/160429770

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