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Deadline reports “Shares in Tronc — the company formerly known as Tribune Publishing — are up more than 2% this morning following a Wall Street Journal report that Gannett has sweetened its previous $15 a share offer.

The owner of the Los Angeles Times — and other major publications including theChicago Tribune, Baltimore Sun, and Hartford Courant — rejected that unsolicited bid. Although the size of the new proposal is still unknown, Tronc is said to be preparing to respond by the end of this week.” Read More

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