The Stage is Set for a Showdown Between Gannett and Tribune Publishing - Here’s What Could Happen


By Rick Edmonds, Poynter

Faithful followers of Gannett’s operatic takeover fight to acquire Tribune Publishing will know that this is a decision day — Tribune's annual meeting will determine whether Gannett got any traction in urging a no-confidence vote in the company's management.

Gannett has been encouraging shareholders to withhold approval of Chairman Michael Ferro’s slate of directors. The outcome of the vote will be consequential, though my best guess is that the meeting itself may disappoint as high corporate drama.

The particulars: The annual meeting will be at the Los Angeles law offices of Sidley Austin, a big international firm headquartered in Chicago. It will begin at 9:30 a.m. and is scheduled to run until 11 a.m. Shareholders can hold their votes until the close of the meeting, but most will have voted earlier electronically.


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