Tribune rebuffs Gannett bid as Soon-Shiong stake grows
Tribune Publishing rejects Gannett’s latest takeover proposal after a 15 per share bid, with Nant Capital gaining 12.9 percent stake and Soon-Shiong named vice chairman. Gannett vows review after Tribune’s annual meeting on June 2.
MENTIONED IN THIS ARTICLE
Tribune
White Knight
Gannett
Tribune Publishing Co
Patrick Soon-Shiong
Gannett Co
Los Angeles Times
Chicago Tribune
Justin Dearborn
USA Today
Des Moines Register
Iowa City Press-Citizen
Nant Capital
Oaktree Capital Management
Michael Ferro
Ferro
CF Industries abandons $5.4 billion OCI deal in U S inversion clampdown
CF Industries Holdings and OCI NV said they would terminate their planned $5.4 billion acquisition after failed efforts to restructure the deal amid stricter U.S. anti inversion guidelines. The agreement would have shifted ownership of European and U S assets including the Iowa Fertilizer Co in Wever Iowa, now set to start production in September or October.
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CF Industries Holdings
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Nies
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Iil
Yousef Husseini
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CF Industries
Tony Will
Europe
United States
Iowa Fertilizer Co
Husseini
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