Page 21 - தேர்வு ஹோட்டல் சர்வதேச இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Print Tribune Publishing Co. will talk with a group that has offered $680.8 million for the newspaper publisher, saying it will likely beat out an accepted $634.8-million takeover offer from hedge fund Alden Global Capital. A nonbinding bid of $18.50 a share in cash from Newslight, as Choice Hotels International Inc. Chairman Stewart Bainum Jr. and Swiss billionaire Hansjoerg Wyss have named their group, is likely to lead to a superior proposal under the terms of the Alden merger agreement, Tribune said in a statement Monday. Alden’s offer of $17.25 a share remains in effect, but Tribune can now engage in negotiations with Newslight and offer it due-diligence materials, the newspaper company said.

Los angelesUnited statesNew yorkSan diegoStewart bainum jrMason slaineMasonp slaineHansjoerg wyssLos angeles timesTribune publishing coSan diego unionChicago tribuneChoice hotels international incNew york daily newsBaltimore sunTribune publishing