We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
“On Monday, Tronc Vice Chairman, would-be Friend of Trump, Los Angeles Lakers part-owner and anti-cancer crusader Patrick Soon-Shiong bought another 2 million shares of America’s second-largest public newspaper company. Soon-Shiong paid $30 million to HG Vora, a $15 a share payday for the activist investment firm, which pocketed the same per-share price from Tronc Chairman Michael Ferro’s Merrick Media in December as he bought 2.5 million shares of its Tronc stake.”
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Tags:
Michael Ferro,
Patrick Soon-Shiong,
Tronc
