Brooke Sutherland, Columnist

Gannett Turns Up the Heat on Tribune

Tribune Publishing had a weak case for rebuffing its rival anyway.

May 16, 2016 at 4:56 PM UTC

Brooke Sutherland is Bloomberg News' Boston bureau chief and writes the Industrial Strength Newsletter. She was previously a Bloomberg Opinion columnist covering deals and industrial companies and an M&A reporter for Bloomberg News.

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Your move, Tribune Publishing.

Gannett on Monday raised its offer for the owner of the Chicago Tribune to $15 a share in cash, or around $860 million including net debt. The sweetened bid puts even more pressure on Tribune to finally come to the negotiating table.