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Tribune Publishing denies News Corp sale rumour

on Dec 1, 2015 | 0 comments

By John McCarthy

Tribune Publishing has refuted a tweet from Rupert Murdoch claiming it was to be snapped up by a Wall Street investment group.

Following Murdoch stating that he had a “strong word” regarding the potential sale of the group which owns the Chicago Tribune, Los Angeles Times, Orlando Sentinel and more, stocks were up 4.3 percent at $9.69 (£6.42) on Monday, according to Reuters.

Strong word Tribune newspaper group to be bought by big Wall St firm, LA Times to go to philanthropist Eli Broad and local group.

— Rupert Murdoch (@rupertmurdoch) November 27, 2015

However, the company Read full story ›

Source: The Drum