$70.5m

Bloomberg Businessweek (Europe) - - MARKETS | FINANCE -

Tri­bune gets a white knight. Af­ter re­ceiv­ing an in­vest­ment from bil­lion­aire Pa­trick Soon-Shiong’s Nant Cap­i­tal, the news­pa­per pub­lisher re­jected Gan­nett’s $864 mil­lion takeover of­fer.

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