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Michael Ferro, chairman of the Los Angeles Times and Chicago Tribune publisher, moves to thwart a Soon-Shiong buyout of Tronc, as each amasses a quarter of all company shares.
Walt Disney has announced its intention to take control of Disneyland Paris for a premium, but that hasn't ended the battle between the entertainment giant and Paris-based activist CIAM.
Armstrong is reportedly among several executives being considered to help CEO Travis Kalanick manage the company.
The producer of 'La La Land' has dropped 15% since late January following shares reaching their highest valuation in more than four years.