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Tronc's No. 2 shareholder, billionaire Patrick Soon-Shiong, will pay $500 million and assume $90 million in pension liabilities to acquire the Los Angeles newspaper as well as The San Diego Union-Tribune.
Tax-loss selling can create value opportunities for those with strong stomachs, as seen with this mini portfolio of stocks.
More activist-targeted companies finding a so-called white squire private equity investors to help them fend off insurgent hedge fund managers.
Belo + Co., the new marketing services umbrella of paper owner A.H. Belo, reinforces its leading local model in transforming local 'advertising.'
Revenue at the paper is up 6.8% year to date over 2016 -- largely due to 2.5 million digital subscribers. The good news for the Times: It is retaining those new subscribers a year after they signed up.