- Tribune Publishing (TPUB) finished today up 9.6%, but went on the record to dispute a claim from no less than Rupert Murdoch that the company was in talks to split and sell itself.
- “Tribune Publishing remains committed to its strategy and transformation plan and is not engaged in discussions or a process to sell the company,” it said in a memo to staff.
- Murdoch ([[NWS] +0.6%], NWSA +0.7%) had used his Twitter account to say there was "strong word" that a "big Wall Street firm" would buy Tribune and the Los Angeles Times would be sold to a group led by Eli Broad.
- Apollo Global Management (NYSE:APO) has reportedly told Tribune Publishing's chairman, Eddy Hartenstein, that it was interested in buying the company, though Tribune has declined to schedule meetings.