Shareholder Sues Tribune Directors, Chairman Over Spurned Gannett Bid

A Tribune Publishing investor sued the media company's directors and Chairman Michael Ferro for spurning an $864 million buyout offer from Gannett and seeking a cash infusion from a billionaire health-care entrepreneur.Tribune's board members are seeking to unfairly entrench themselves by taking steps to ward off the $15-a-share bid from Gannett, the largest U.S. newspaper publisher, Capital Structures Realty Advisors said in a complaint made public Thursday in Delaware Chancery Court. The lawsuit was filed on behalf of Tribune and its investors.The owner of the Los Angeles Times and Chicago Tribune rejected Gannett's second offer on May 23, calling it "clearly inadequate," even though it was 22% more than an earlier $12.25-a-share bid made public in April. Instead, the board adopted anti-takeover measures to wrongfully thwart Gannett's efforts, according to Capital Structures. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-06-03 00:00:00 UTC ]
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Lucy Pearse joins S&S Children's as editorial director for fiction

Lucy Pearse is to join Simon & Schuster Children's as editorial director for fiction this autumn.  Continue reading at The Bookseller

[ The Bookseller | 2020-09-02 03:18:25 UTC ]
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OUP appoints Lisa Attenborough as group communications director

Oxford University Press has appointed Lisa Attenborough as its new group communications director. Continue reading at The Bookseller

[ The Bookseller | 2020-09-02 03:02:21 UTC ]
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Trexler Named Interim CBLDF Executive Director

The Comic Book Legal Defense Fund has appointed Jeff Trexler its interim director, effective immediately. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-13 04:00:00 UTC ]
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Tribune closing 5 newsrooms including NY Daily News

Tribune Publishing Company says it's closing the newsrooms of five newspapers including The Daily News in Manhattan, the Orlando Sentinel and The Capital Gazette in Annapolis, Maryland Continue reading at ABC News

[ ABC News | 2020-08-12 23:24:40 UTC ]
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SFF authors are protesting Saudi Arabia’s cynical bid to host the 2022 WorldCon.

The science fiction world is having a bit of a week. Today, New Zealand, the host of this year’s World Science Fiction Convention (WorldCon), virtually kicked off one of the world’s most popular sci-fi events. New Zealanders had been preparing for the international convention, which normally... Continue reading at Literrary Hub

[ Literrary Hub | 2020-07-29 17:44:32 UTC ]
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Lisa Lucas stepping down as executive director of the National Book Foundation

Lisa Lucas is stepping down as executive director of the National Book Foundation to become Senior Vice President & Publisher of Pantheon and Schocken Books. According to a press release from the NBF Lucas, who took over the ED role in 2016, …was instrumental in securing a $900,000 grant... Continue reading at Literrary Hub

[ Literrary Hub | 2020-07-15 13:10:05 UTC ]
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NY Mag Hires Editorial Director for Audio, Promotes 3 Others

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1511205296876-0'); }); The post NY Mag Hires Editorial Director for Audio, Promotes 3 Others appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-08 16:00:39 UTC ]
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Wayne State U Press Appoints New Director

Wayne State University Press, which endured three weeks of internal chaos in February after three senior employees were fired but later reinstated, announced that Stephanie Williams has been appointed director. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-08 04:00:00 UTC ]
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Under Newly Elected Chairman, Ebony Board Ousts CEO

The board of directors at Ebony has removed CEO Willard Jackson, the magazine said Sunday, citing an ongoing independent investigation into "a number of transactions that Jackson led." A co-founder and vice chairman of Clear View Group (CVG), the private equity firm that acquired Ebony from... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-06 17:59:58 UTC ]
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Oral Arguments Set in B&N's Bid to Knock Out Former CEO's Defamation Claim

Judge Mary Kay Vyskocil has set August 6 at 11 a.m. for oral argument on a Barnes & Noble motion to knock out two of the most dangerous—and potentially costly—claims in a lawsuit filed against the retailer by fired CEO Demos Parneros in August of 2018. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-06 04:00:00 UTC ]
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BESA director praises education publishers' response to Covid-19

Caroline Wright has praised the education publishing sector for "adapting since day one" to support schools and students learning from home during the coronavirus lockdown.  Continue reading at The Bookseller

[ The Bookseller | 2020-07-01 20:05:40 UTC ]
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In Filing, S&S Attacks Trump Family Bid to Block Publication of Niece’s Tell-All

Among the key points in a 20-page brief, Simon & Schuster lawyers point out the obvious: that the publisher is not a party to and is not bound by any confidentiality agreement agreed to by the Trump family. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-07-01 04:00:00 UTC ]
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Trump family sues to block publication of niece's memoir

The Trump family is reportedly seeking a court order to block the president's niece, Mary L Trump, and Simon & Schuster from publishing memoir Too Much and Never Enough: How My Family Created the World's Most Dangerous Man. Continue reading at The Bookseller

[ The Bookseller | 2020-06-25 12:16:46 UTC ]
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Judge Tosses 'Defective' Trump Family Bid to Block Niece's Tell-All Memoir

The dismissal is certainly not the end of the road, however, as Trump family attorneys are likely re-file their motion for a restraining order in a proper venue. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-25 04:00:00 UTC ]
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Trump Family Sues to Block Publication of Tell-All Memoir

The suit, filed in Queens County (NY) Surrogate’s Court, seeks to enjoin Trump’s niece Mary L. Trump and her publisher, Simon & Schuster, from proceeding with the publication of 'Too Much and Never Enough: How My Family Created the World’s Most Dangerous Man', citing a sweeping... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-23 04:00:00 UTC ]
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DoJ Sues John Bolton Over Forthcoming Memoir

In a statement, Bolton's publisher, Simon & Schuster, said the suit was "the latest in a long running series of efforts by the Administration to quash publication of a book it deems unflattering to the President." Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-16 04:00:00 UTC ]
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Red Sofa Literary Principal Threatens to Sue Other Agents, Author

An attorney representing Dawn Frederick of Red Sofa Literary agency threatened two agents and an author with legal action unless they retract tweets casting aspersions upon Frederick and desist from further tweets. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-11 04:00:00 UTC ]
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The writer who inspired Sue Grafton — her father — gets a welcome new edition

“The Rat Began to Gnaw the Rope,” by C.W. Grafton, first published in 1943, is an offbeat, old-school suspense story. Continue reading at The Washington Post

[ The Washington Post | 2020-06-05 14:00:00 UTC ]
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PW Talks with ALA Executive Director Tracie D. Hall

With a virtual ALA conference now set for June 24–26, PW caught up with Hall over two days in mid-May to talk about guiding the association’s necessary, complex transformation. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-06-05 04:00:00 UTC ]
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