Tribune No 2 Shareholder Urges Talks on Bid by Gannett

USA Today: The second-largest shareholder of Tribune Publishing is publicly urging the newspaper company to begin discussions with Gannett, which has offered to buy Tribune for $815 million. Oaktree Capital, the investment firm that owns about 15% of Tribune, said in a filing with the Securities and Exchange Commission that “it would be in the best interests of (Tribune) and its stockholders … to pursue discussions with Gannett to see if an acceptable agreement can be reached for Gannett to acquire (Tribune).”