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Tribune adopts shareholder rights plan to fend off Gannett

in Apolitical/Top Headlines by

Fending off an unsolicited takeover by the owner of USA Today, Chicago’s Tribune Publishing has adopted shareholder rights plan, a so-called “poison pill.” Gannett offered to buy Tribune Publishing last month for $815 million. Tribune rejected the offer last week, saying the price was too low. The company owns the Los Angeles Times, Chicago Tribune and a number of other newspapers. The plan announced Monday allows existing shareholders to buy preferred stock if a person or group acquires at least…

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The loss of the Tampa Tribune is difficult for a former rival

in Sports/Top Headlines by

You live from headline to headline and from deadline to deadline. Those are the rules. You try to make this story sharper than yesterday’s. You try to squeeze out the money quote. You try to get one source, one more fact, one more comment. You work until the ink stains your fingers and, sometimes, your heart. You swallow the pressure. You fight writer’s block. You die a thousand tiny deaths. What was it that Red Smith once said? Writing is easy.…

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No surprises from local newspapers: St. Pete Times plans to syndicate PolitiFact, Tribune sees ad revenues firming

in The Bay and the 'Burg by

Two blurbs about the local newspapers come as no surprise. First, The St. Petersburg Times’ Pulitzer Prize-winning Politifact project is reportedly about to announce a syndication deal with several newspapers. reports that the fact-checking site, which drew accolades for its work during the 2008 campaign — as well as the 2009 Pulitzer for national reporting — has continued to demonstrate its fact-checking skills well beyond the presidential race. “The intensity of the campaign really didn’t end,” Times Washington, D.C.,…

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