Tribune Publishing Company
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TRIBUNE MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF TRIBUNE PUBLISHING COMPANY IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – TPCO
February 16, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether Tribune Publishing Company (NASDAQ: TPCO) and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders in connection with the proposed sale of Tribune to affiliates of Alden Global Capital (“Alden”).
Under the terms of the agreement, Alden will acquire all of the outstanding shares of Tribune common stock not currently owned by Alden for $17.25 per share in cash. On behalf of Tribune shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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