Gannett Preparing Another Bid for Tronc


Gannett will not stop until it owns Tronc (formerly Tribune Publishing).  According to The New York Post, Gannett execs have met with Tronc execs, and the former are preparing a new bid for the latter to consider.

Gannett’s most recent offer—which was rejected by Tronc—was for $864 million. That was in June. Since then, Gannett has purchased a group of New Jersey newspapers and the digital marketing company ReachLocal.

It appears those deals haven’t satisfied Gannett. It still yearns for the soft embrace of Tronc, like a scorned lover who thinks that perhaps it was all just a misunderstanding.

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