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Tribune Publishing has struggled to grow after being split from its broadcast properties, while Gannett has had bright spots since its own split.
The transaction raises questions that are unlikely to be resolved until full agency lineup is in place.
TV-station owners aren't finished with acquisitions that will further accelerate the industry's consolidation.
NRT JNY BLC RDS.B CF are going ex-dividend tomorrow, Aug. 14, 2013
The Television company was little affected by disappointing earnings report due to acquisition by Gannett