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 ]
News tagged with: #media company #cash infusion #board members #taking steps

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G/O Media Promotes Deadspin EIC Jim Rich to Editorial Director | People on the Move

[caption id="attachment_180020" align="alignright" width="150"] Jim Rich[/caption] G/O Media announced Wednesday that Deadspin editor-in-chief Jim Rich has been promoted to editorial director across the company's entire portfolio, which also includes sites like The A.V. Club, Gizmodo, Kotaku,... Continue reading at Folio Magazine

[ Folio Magazine | 2020-04-22 19:47:03 UTC ]
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In Sue Monk Kidd’s ‘The Book of Longings,’ Jesus has a wife — and behold, she’s so woke!

Kidd has written a novel about Jesus’s wife that reduces Jesus to a really sweet guy with gorgeous eyes. Continue reading at The Washington Post

[ The Washington Post | 2020-04-21 15:58:55 UTC ]
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Holly Harris to join Simon & Schuster as non-fiction publishing director

Holly Harris is to join Simon & Schuster UK as publishing director in the non-fiction adult publishing division. Continue reading at The Bookseller

[ The Bookseller | 2020-04-14 07:50:08 UTC ]
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Alternate Histories and Silenced Women: Sue Monk Kidd on Her New Novel The Book of Longing

In this episode, New York Times bestselling author Sue Monk Kidd discusses her upcoming novel The Book of Longings, which is from the point of view of Ana, the wife of Jesus. Kidd talks to Fiction/Non/Fiction podcast co-hosts V.V. Ganeshananthan and Whitney Terrell about how alternate histories... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-09 17:30:46 UTC ]
More news stories like this | News stories tagged with: #whitney terrell #bestselling author


Gannett Names Former We Company, Time Warner Executive as Chief Financial Officer

Gannett, the owner of USA TODAY and more than 260 other daily publications, appointed a new chief financial officer as Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-04-08 17:34:12 UTC ]
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Virtual events now a mainstay, says Midas director Georgina Moore

Georgina Moore, director of books and publishing at Midas, has said she will continue to use virtual events for book publicity after the present lockdown ends, arguing that they have maintained the profile of books and authors during this period, but are also good for reaching new audiences . Continue reading at The Bookseller

[ The Bookseller | 2020-04-08 09:28:39 UTC ]
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Emma Herdman to join Bloomsbury as publishing director

Emma Herdman is set to join Bloomsbury as publishing director, specialising in commercial literary fiction.   Continue reading at The Bookseller

[ The Bookseller | 2020-04-07 22:42:32 UTC ]
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Paul Taylor Elected a Director of Hearst

Paul Taylor, senior vice president of Hearst and president, chief executive officer and group head of Fitch Group, has been Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-04-07 21:14:35 UTC ]
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Personal Space: Sue William Silverman on Being Fascinated with the Thing You Fear Most

On the debut episode of Personal Space: The Memoir Show, Sari Botton talks to Sue William Silverman about her seventh book, How to Survive Death and Other Inconveniences, a memoir in essays published by the University of Nebraska Press on March 1st. In the book, Silverman explores her... Continue reading at Literrary Hub

[ Literrary Hub | 2020-04-03 18:00:03 UTC ]
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GLIBA Director Larry Law's Letter on His Experience Surviving the Coronavirus

Great Lakes Independent Booksellers Association executive director Larry Law opens up in a letter to members about his experience with the new coronavirus as a public service. Law is recovering in quarantine. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-04-02 04:00:00 UTC ]
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Little, Brown's Rhiannon Smith promoted to editorial director

Rhiannon Smith, who works across the Fleet and Sphere imprints at Little, Brown, has been promoted to editorial director. Continue reading at The Bookseller

[ The Bookseller | 2020-04-01 11:35:27 UTC ]
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Avon Books re-signs Sue Moorcroft in three-book deal

HarperCollins division Avon Books has re-signed author Sue Moorcroft in a three-book deal.  Continue reading at The Bookseller

[ The Bookseller | 2020-03-26 17:41:45 UTC ]
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LSC Communications Prepares Bankruptcy Filing As Shareholder Revolts

Weeks after issuing an earnings that report that revealed the company lost $295 million last year, publication printer LSC Communications is preparing to file for Chapter 11 bankruptcy, Bloomberg reports, citing "people with knowledge of the plans." The news comes less than a year after the... Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-25 18:34:08 UTC ]
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Former Rights Director Marcella Berger Remembered by Simon & Schuster

For 35 years with Simon & Schuster, Marcella Berger had retired from the company in 2011. By Porter Anderson, Editor-in-Chief | @Porter_Anderson Berger Sold Rights to Titles by Heller, Eggers, Clinton isitation hours are being held Friday (March 20) for Marcella Berger, the late... Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2020-03-19 22:01:05 UTC ]
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Marcella Berger, Longtime S&S Sub Rights Director, Dies

Marcella Berger, former v-p, director of subsidiary rights at Simon & Schuster, died March 16. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-19 04:00:00 UTC ]
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Helen Rochester made Thorsons editorial director

Custom Publishing's Helen Rochester is joining HarperNonFiction as editorial director for Thorsons. Continue reading at The Bookseller

[ The Bookseller | 2020-03-17 01:31:49 UTC ]
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London Book Fair director Thomas to step down

London Book Fair director Jacks Thomas is stepping down after seven years with Reed Exhibitions. Continue reading at The Bookseller

[ The Bookseller | 2020-03-16 23:02:11 UTC ]
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Snap Inc. Adds Kelly Coffey to Its Board of Directors

City National Bank CEO Kelly Coffey will join Snap Inc.'s board of directors effective May 18. She has been CEO at City National Bank, a subsidiary of the Royal Bank of Canada, since last February. Prior to that, she served as CEO of J.P. Morgan Private Bank. Coffey joins former Hearst Magazines... Continue reading at AdWeek

[ AdWeek | 2020-03-13 14:55:46 UTC ]
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Four Questions for Texas Library Association Executive Director Shirley Robinson

As professional membership organizations of all kinds face challenges, PW caught up with the TLA's new executive director to talk about what's next for nation's largest state library association. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-03-13 04:00:00 UTC ]
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LinkedIn Engagement Tactics from Forbes’s Social Media Director

Long maligned as the domain of headhunters and contrived self-promoters, LinkedIn has a tendency to serve as an afterthought in publishers' social strategies, a platform familiar enough to be acknowledged but far less important than Facebook, Instagram or Twitter. Yet unlike those platforms,... Continue reading at Folio Magazine

[ Folio Magazine | 2020-03-12 17:31:13 UTC ]
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