Tribune Publishing Investor Sues Over Spurned Gannett Offer

  • Investor wants directors to accept chain’s $864 million bid
  • Tribune board called Gannett’s proposal ‘clearly inadequate’

A Tribune Publishing Co. investor sued the media company’s directors and Chairman Michael Ferro for spurning an $864 million buyout offer from Gannett Co. and seeking a cash infusion from a billionaire health-care entrepreneur.

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