15-12B - Tribune Publishing Co (0001593195) (Filer)

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Terry Jimenez, Former CEO and Board Member of Tribune Publishing Company, Affirms Donerail's Credibility as an Acquirer Jimenez Served as the CFO of Tribune When Donerail Made Its Bid to Acquire Tribune Jimenez Declares Donerail's Acquisition Financing Structure to Be Credible and Is Surprised Turtle Beach's Board Did Not Engage in Good Faith with Donerail The Donerail Group LP (together with its affiliates, "Donerail," "we" or "us"), which collectively with the other participants in its solicitation beneficially owns approximately 8.3% of the outstanding shares of Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company"), today issued the below statement: While Donerail

CHICAGO, May 21, 2021 /PRNewswire/ -- Tribune Publishing Company (NASDAQ:TPCO) ("Tribune" or the "Company") today announced that its stockholders voted to approve the definitive merger agreement with affiliates of Alden Global Capital ("Alden") at a special meeting of the Company's stockholders. Holders of approximately 81.28% of the shares held by non-Alden stockholders have voted to approve the merger agreement, in excess of the two-thirds minimum required.  "Today's results represent an important milestone in completing the transaction, and we appreciate the strong support

Digital content revenues increased 66% year-over-yearExceeded previous guidance for First Quarter Revenue and Adjusted EBITDA CHICAGO, May 06, 2021 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced financial results for the first quarter ended March 28, 2021. First Quarter 2021 Highlights: Exceeded previously provided guidance for first quarter revenue & Adjusted EBITDANet income from continuing operations increased to $6.1 million, compared to a net loss of $49.0 million in the first quarter of 2020Adjusted EBITDA of $25.5 million, an increase of $15.9 million compared to the first quarter of 2020Total revenues of $173.6 million, down from $206.4 million in t

CHICAGO, April 19, 2021 /PRNewswire/ -- Tribune Publishing Company (NASDAQ:TPCO) ("Tribune" or the "Company") today confirmed receipt of a letter dated April 17, 2021, from Stewart Bainum ("Mr. Bainum"), in which Mr. Bainum communicated that Hansjörg Wyss ("Mr. Wyss") has informed him that he will no longer provide the level of equity commitment indicated in the revised, non-binding proposal from Newslight, LLC ("Newslight") dated April 1, 2021, to acquire all of the outstanding shares of Tribune common stock for $18.50 per share in cash. In light of Mr. Bainum's April 17 lett

CHICAGO, April 5, 2021 /PRNewswire/ -- Tribune Publishing Company (NASDAQ:TPCO) ("Tribune" or the "Company") today announced that the special committee of its Board of Directors, in consultation with its legal and financial advisors, has determined that a revised, non-binding proposal from Newslight, LLC ("Newslight"), an entity jointly owned by Stewart Bainum ("Mr. Bainum") and Hansjörg Wyss ("Mr. Wyss"), dated April 1, 2021, to acquire all of the outstanding shares of Tribune common stock for $18.50 per share in cash would reasonably be expected to lead to a "Superior Proposal" as defined in Tribune's merger agreement with affiliates of Alden Global Capital LLC ("Alden") (the "Alden Merger

Digital content revenues increased 57.0% year-over-yearNet increase in cash of $36.7 million CHICAGO, March 04, 2021 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced financial results for the fourth quarter and full year ended December 27, 2020. Unless otherwise noted, amounts and disclosures throughout this earnings release relate to continuing operations and exclude BestReviews LLC. 2020 Full Year Highlights: Net increase in cash of $36.7 million compared to December 29, 2019Reduced lease obligations by $51.1 million, pension obligations by $3.5 million and a capital lease (classified as debt) by $6.9 millionDigital-only subscribers increased 30.5% to 436 t

CHICAGO, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced that it has designated a special committee of its Board of Directors to act on behalf of the Company in respect of the acquisition proposal made by Alden Global Capital on December 14, 2020. The special committee consists of three independent members of the Board of Directors. The special committee has engaged Lazard as its financial advisor and Davis Polk & and Wardwell LLP as its legal counsel. No assurance can be given that Alden’s proposal, or any other transaction, will be consummated. The Company does not intend to disclose developments regarding these matters unless and until the spe

CHICAGO, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced that it has closed the sale of its majority stake in BestReviews to Nexstar Media Group, Inc. (NASDAQ: NXST). BestReviews LLC was owned 60% by Tribune and 40% by its founders, BR Holding Company, Inc. “We are pleased to have closed the BestReviews transaction which strengthens the Company’s balance sheet and provides flexibility for our business going forward,” said Terry Jimenez, CEO of Tribune Publishing. Tribune Publishing also updated its guidance for Q4 and full year 2020, excluding the impact of BestReviews, and released revenue and AEBITDA guidance for 2021. For the fourth quarter

CHICAGO, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced that after a comprehensive sales process Tribune and BR Holding Company, Inc. have entered into a definitive agreement to sell 100% of BestReviews LLC to Nexstar Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST), for $160 million in cash. BestReviews LLC is owned 60% by Tribune and 40% by its founders, BR Holding Company, Inc. “We are pleased that through our majority ownership of BestReviews we have created substantial value for the BestReviews business and Tribune Publishing shareholders. While Tribune Publishing will not have an ongoing ownership interest, we lo

IRVING, Texas--(BUSINESS WIRE)--Nexstar Inc., a wholly-owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it entered into a definitive agreement to acquire leading consumer product recommendations company BestReviews from Tribune Publishing Company (Nasdaq: TPCO) for $160 million in a transaction that is immediately accretive to Nexstar’s operating results. BestReviews simplifies the way consumers buy products and services across thousands of categories by independently researching, analyzing, and testing products and recommending the best picks. The company maintains an audience of 9 million monthly visitors and has helped more than 300 million cons

Noble Financial downgraded Tribune Publishing from Outperform to Market Perform

CHICAGO, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced that it has designated a special committee of its Board of Directors to act on behalf of the Company in respect of the acquisition proposal made by Alden Global Capital on December 14, 2020. The special committee consists of three independent members of the Board of Directors. The special committee has engaged Lazard as its financial advisor and Davis Polk & and Wardwell LLP as its legal counsel. No assurance can be given that Alden’s proposal, or any other transaction, will be consummated. The Company does not intend to disclose developments regarding these matters unless and until the spe

CHICAGO, Dec. 31, 2020 (GLOBE NEWSWIRE) -- Tribune Publishing Company (NASDAQ:TPCO) today announced that it has closed the sale of its majority stake in BestReviews to Nexstar Media Group, Inc. (NASDAQ: NXST). BestReviews LLC was owned 60% by Tribune and 40% by its founders, BR Holding Company, Inc. “We are pleased to have closed the BestReviews transaction which strengthens the Company’s balance sheet and provides flexibility for our business going forward,” said Terry Jimenez, CEO of Tribune Publishing. Tribune Publishing also updated its guidance for Q4 and full year 2020, excluding the impact of BestReviews, and released revenue and AEBITDA guidance for 2021. For the fourth quarter

Terry Jimenez, Former CEO and Board Member of Tribune Publishing Company, Affirms Donerail's Credibility as an Acquirer Jimenez Served as the CFO of Tribune When Donerail Made Its Bid to Acquire Tribune Jimenez Declares Donerail's Acquisition Financing Structure to Be Credible and Is Surprised Turtle Beach's Board Did Not Engage in Good Faith with Donerail The Donerail Group LP (together with its affiliates, "Donerail," "we" or "us"), which collectively with the other participants in its solicitation beneficially owns approximately 8.3% of the outstanding shares of Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company"), today issued the below statement: While Donerail

SC 13D/A - Tribune Publishing Co (0001593195) (Subject)

SC 13D/A - Tribune Publishing Co (0001593195) (Subject)

SC 13D/A - Tribune Publishing Co (0001593195) (Subject)