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Gamco discloses 5.5% stake in Tribune Media

Published 10/19/2018, 04:21 PM
© Reuters.  Gamco discloses 5.5% stake in Tribune Media
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  • Mario Gabelli's Gamco just disclosed a 5.5% stake in Tribune Media (NYSE:TRCO) via a straightforward filing.
  • That cost an aggregate of about $90.12M to acquire, according to the document.
  • Tribune this year has been the frequent subject of takeover talk, with Sinclair Broadcast Group failing after a block at the FCC level.
  • Previously: Report: Trump ally to bid on Tribune Media (Oct. 16 2018)
  • Previously: Tribune Media sells former Newsday property for $54.5M (Oct. 09 2018)
  • Previously: Sinclair responds to Tribune suit, files counterclaim (Aug. 29 2018)
  • Now read: Sirius XM Teams Up With Amazon (NASDAQ:AMZN) - Smart Speakers Will Help Drive Growth


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