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Tribune Publishing adopts poison pill to stop Gannett bid
May 9, 2016 by admin · Leave a Comment
(Reuters) – Newspaper publisher Tribune Publishing Co said its board had adopted a shareholder rights plan – popularly known as a “poison pill” – in a bid to thwart Gannett Co Inc's unsolicited takeover offer. Tribune shares fell nearly 6 percent in morning trading on Monday, while Gannett shares were little
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Tribune Publishing adopts poison pill to stop Gannett bid