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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Alex Salmond joins bid to take control of anti-independence paper the Scotsman

Ex-first minister aims to make title more ‘pro-Scotland’ as part of bid for Johnston Press, which also owns Yorkshire PostFormer Scottish first minister Alex Salmond has joined an activist investor seeking to oust the board and chief executive of Johnston Press, owner of titles including the... Continue reading at The Guardian

[ The Guardian | 2017-11-02 00:00:00 UTC ]
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Meredith Sues the IRS, Alleging $12 Million Overpayment

The Better Homes & Gardens publisher says the agency's assessment is "without factual basis and legally erroneous." The post Meredith Sues the IRS, Alleging $12 Million Overpayment appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-11-01 00:00:00 UTC ]
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Eason appoints Dilger as new chairman

Irish retailer Eason has appointed David Dilger as non-executive director and chairman of the board. Continue reading at The Bookseller

[ The Bookseller | 2017-10-25 00:00:00 UTC ]
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Steve Fischer, NEIBA Executive Director, to Retire

Fischer has announced his intention to step down from his position at the New England Independent Booksellers Association, after 11 years at the helm of the regional advocacy group. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-10-19 00:00:00 UTC ]
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Publicist Fiona Murphy becomes editorial director of PRH Ireland

Fiona Murphy, currently publicity director at Penguin Random House Ireland, is joining Transworld/Doubleday Ireland from 1st January in the role of editorial director. Continue reading at The Bookseller

[ The Bookseller | 2017-10-17 00:00:00 UTC ]
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Guinness sues Scholastic for its Book of World Records

Guinness World Records has reportedly claimed Scholastic is trying to "steal its business" with its Book of World Records and has filed court papers against the publisher. Continue reading at The Bookseller

[ The Bookseller | 2017-10-17 00:00:00 UTC ]
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Helen Lewis joins Pavilion as creative director

Pavilion Books has appointed Helen Lewis, formerly of Quadrille, to the new role of creative director. Continue reading at The Bookseller

[ The Bookseller | 2017-10-12 00:00:00 UTC ]
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Can You Sue a Newspaper Based on How the Internet Interprets a Story?

In 2015, Eric Lipton, a two-time Pulitzer Prize–winning investigative reporter, published a long expose on the front page of the New York Times that delivered on its headline: “Food Industry Enlisted Academics in GMO Lobbying War, Emails Show.” The story was published in the wake of an academic... Continue reading at Slate

[ Slate | 2017-10-06 00:00:00 UTC ]
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S.I. Newhouse Jr., Longtime Chairman of Condé Nast, Dead at 89

The magazine mogul passed away in his New York home on Sunday. The post S.I. Newhouse Jr., Longtime Chairman of Condé Nast, Dead at 89 appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2017-10-03 00:00:00 UTC ]
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Australian Wonder Woman comic book artist tells Avatar director to calm down

Australian comic book artist Nicola Scott is hitting back at director James Cameron's recent criticism of the Wonder Woman movie, telling him he needs to "calm down". Continue reading at Stuff

[ Stuff | 2017-10-02 00:00:00 UTC ]
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Shaw becomes Viney Agency director

Kate Shaw has been appointed director of The Viney Agency in a move described as “the most significant development for the agency since it was founded in 2008”. Continue reading at The Bookseller

[ The Bookseller | 2017-09-29 00:00:00 UTC ]
More news stories like this | News stories tagged with: #kate shaw #viney agency #appointed director #significant development


PRH Enterprises to close, director Jo Edwards to leave

Penguin Random House Enterprises is closing, after PRH admitted it has been unable to turn the unit into a commercially sustainable business. Continue reading at The Bookseller

[ The Bookseller | 2017-09-23 00:00:00 UTC ]
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Agent Mackenzie Smith made S&S picture book editorial director

Helen Mackenzie Smith is leaving the Bell Lomax Moreton Agency to become editorial director for children’s picture books and novelties at Simon & Schuster UK. Continue reading at The Bookseller

[ The Bookseller | 2017-09-07 00:00:00 UTC ]
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Ledger promoted to HarperImpulse editorial director

Charlotte Ledger, current commissioning editor at HarperImpulse, has been promoted to editorial director of the imprint. Continue reading at The Bookseller

[ The Bookseller | 2017-09-01 00:00:00 UTC ]
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China’s bid to block my journal’s articles is a new attack on academic freedom | Tim Pringle

Cambridge University Press was asked to suppress articles in China Quarterly. It has now resisted, but it is a worrying developmentThe international furore that followed Cambridge University Press’s compliance with “an instruction from a Chinese import agency to block individual articles from... Continue reading at The Guardian

[ The Guardian | 2017-08-22 00:00:00 UTC ]
More news stories like this | News stories tagged with: #academic publisher #academic freedom #xi jinping #hong kong


Nottingham bids to become European Capital of Culture 2023

Nottingham is looking to bid for its place as European Capital of Culture 2023, it has revealed. Continue reading at The Bookseller

[ The Bookseller | 2017-08-18 00:00:00 UTC ]
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Bletchley Park Brain Teasers bids for Christmas hit

Headline is among publishers hoping to emulate the success of Christmas bestseller the GCHQ Puzzle Book (Michael Joseph) after commissioning writer, historian and Bletchley Park expert Sinclair McKay to write Bletchley Park Brain Teasers.  Continue reading at The Bookseller

[ The Bookseller | 2017-08-11 00:00:00 UTC ]
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Former CUP director launches gender equality consultancy

Nancy Roberts, previously global operations director at Cambridge University Press, is launching a new consultancy to help tackle gender inequality in publishing. Continue reading at The Bookseller

[ The Bookseller | 2017-07-27 00:00:00 UTC ]
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Larter promoted to DK children's publishing director

Illustrated reference publisher DK has promoted Sarah Larter from publisher to children’s publishing director. Continue reading at The Bookseller

[ The Bookseller | 2017-07-21 00:00:00 UTC ]
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Viking Nabs Former Intelligence Director James Clapper's Book

The yet-to-be-titled book is scheduled for publication in 2018 and will trace Clapper's career in the military and his six and a half years as President Obama’s senior intelligence advisor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-07-20 00:00:00 UTC ]
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