Newsclip®: [Business] Gannett raises Tribune offer to about $864 million including debt | TODAYonline

"Gannett Co Inc , the publisher of USA Today, raised its unsolicited offer for Tribune Publishing Co to $15 per share from $12.25, valuing the publisher of the Chicago Tribune and the Los Angeles Times at about $475 million. Including debt, the offer is worth about $864 million. Tribune's shares were up 22.1 percent at $14 in early trading on Monday, but far below the latest offer, which was set at a premium of 31 percent to Tribune's Friday close.", www.todayonline.com


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