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Tribune Publishing Shareholder Urges Deal Talks With Gannett

Tribune Publishing Co.’s second-largest shareholder publicly urged a house to rivet in negotiations with Gannett Co. after it deserted an approximately $400 million takeover offer from a opposition journal publisher.

Oaktree Capital Group LLC, that owns roughly 15% of Tribune’s shares, pronounced it would be in a best seductiveness of shareholders for a house “to pursue discussions with Gannett to see if an excusable agreement can be…

Article source: http://www.wsj.com/articles/tribune-publishing-shareholder-urges-talks-with-gannett-on-a-bid-1462557445

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