Oaktree Capital Throws Cold Water On Tribune Publishing’s Turnaround Plan

Oaktree Capital, one of the largest shareholders of Tribune Publishing, is growing increasingly frustrated with the newspaper giant’s reluctance to entertain a premium priced takeover bid from competitor Gannett, publisher of USA Today.

http://www.forbes.com/sites/antoinegara/2016/05/18/oaktree-capital-throws-cold-water-on-tribune-publishings-plan-for-a-turnaround-over-a-takeover/

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