$815m

Bloomberg Businessweek (North America) - - Mar­kets/Fi­nance - By Kyle Stock

Gan­nett bids for Tri­bune Pub­lish­ing. If Tri­bune ac­cepts, the pub­lisher of USA To­day would add the Los An­ge­les Times and the Chicago Tri­bune to its em­pire. Tri­bune Chair­man Michael Ferro said it was “un­gentle­manly” for Gan­nett to make its of­fer public. Print jour­nal­ism has been con­sol­i­dat­ing; 70 daily news­pa­pers were ac­quired last year for a com­bined $ 827 mil­lion.

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