Client: tronc, Inc. & Mr. Michael FerroSource: New York Times The New York Times devotes a portion of its business section to profiling our client, Michael Ferro, chairman of tronc, Inc. The piece covers Ferro’s business record creating substantial shareholder value and his vision of using technology to grow journalism. From the Times’ profile in the
Wrapports: Crain's Chicago reports that following the Ferro deal, the Chicago Sun-Times remains ever committed to providing city with a trustworthy second voice: "The enemy of my enemy is my friend, but what happens when your friend becomes the biggest investor in your enemy?In the Chicago newspaper business, it looks like a squeeze play. Michael Ferro, who
Wrapports: USA Today reports that Michael Ferro is expanding his media interests with his recent investment in Tribune Publishing: "Ferro's investment firm, Merrick Media, paid $44.4 million for a 16.6% stake in Tribune Publishing, which owns the Sun-Times’ rival, Chicago Tribune, the companies said Thursday. In the deal, Ferro becomes the single largest shareholder of Tribune Publishing and agreed to refrain from buying more