Tronc Chief’s Investment Group Buys More Company Shares

Crain’s Chicago Business: Tronc chief Michael Ferro’s investment group began buying up more shares of the Chicago-based publisher last week after the demise of a deal with Gannett cut the stock’s price. Ferro’s Merrick Venture Management spent about $11.3 million to buy just over 1 million shares last week at prices ranging from $10.09 and $11.68 a share.