Tronc Chief’s Track Record Gives Investors Little Confidence

Crain’s Chicago Business: For months, Tronc chief Michael Ferro has resisted a buyout overture from Gannett, contending he can find the path to profits in the shrinking media business without the USA Today publisher’s help. But for Tronc investors weighing his promises against Gannett’s hostile bid, his track record gives little reason for confidence. Ferro led that company to few if any profitable endeavors.