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