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Fish wrap.
1 posted on 09/05/2017 1:27:53 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Worth every penny.


2 posted on 09/05/2017 1:28:50 PM PDT by Jeff Chandler (https://imgoat.com/uploads/645920e395/39513.gif)
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To: Oldeconomybuyer

The companies that went anti-Trump and have been destroyed is growing longer...


3 posted on 09/05/2017 1:34:08 PM PDT by TigerClaws
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To: Oldeconomybuyer

They overpaid.


5 posted on 09/05/2017 1:37:49 PM PDT by Ethrane ("obsta principiis")
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To: Oldeconomybuyer

I wonder what the value of the property owned by the News is.
Financial reports show the property values at original purchase price less depreciation if any not current market value. At least that is what I remember from my accounting courses.


6 posted on 09/05/2017 1:38:09 PM PDT by Maine Mariner
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To: Oldeconomybuyer

Tronc is a public company. Why shareholders would go for this is beyond me


7 posted on 09/05/2017 1:38:10 PM PDT by mewzilla (Was Obama surveilling John Roberts? Might explain a lot.)
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To: Oldeconomybuyer

Actually they are paying in excess of $30 million if they are assuming the debts


8 posted on 09/05/2017 1:38:38 PM PDT by McGavin999 ("The press is impotent when it abandons itself to falsehood."Thomas Jefferson)
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To: Oldeconomybuyer

They had no market. They were the paper for blue-collar, working-class folks in NYC but instead chased after the elites who read the Times.


9 posted on 09/05/2017 1:39:21 PM PDT by Extremely Extreme Extremist (We're right, you're wrong - that's the end of the argument.)
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To: Oldeconomybuyer

Like Newsweek, a lefty paper that sold its stockholder value for the opportunity to push worthless lefty values.


10 posted on 09/05/2017 1:39:25 PM PDT by Fido969 (IN!)
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To: Oldeconomybuyer

Probably bought for the value of its real estate holdings in Jersey City.


12 posted on 09/05/2017 1:41:20 PM PDT by Timocrat (Ingnorantia non excusat)
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To: Oldeconomybuyer

What kind of outfit is Tronc?....................


14 posted on 09/05/2017 1:43:02 PM PDT by Red Badger (Road Rage lasts 5 minutes. Road Rash lasts 5 months!.....................)
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To: Oldeconomybuyer

I thought they already owned it. Tronc is Tribune Corporation, which I know had been the owner of the Daily News and WPIX 11 at one point.

Their broadcasting assets are being bought out by Sinclair. I don’t know about their print assets.


15 posted on 09/05/2017 1:44:53 PM PDT by TBP (0bama lies, Granny dies.)
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To: Oldeconomybuyer

It costs more than that to buy it at the newsstand.


17 posted on 09/05/2017 1:45:26 PM PDT by TBP (0bama lies, Granny dies.)
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To: Oldeconomybuyer

Still overvalued


19 posted on 09/05/2017 1:46:32 PM PDT by NohSpinZone (First thing we do, let's kill all the lawyers)
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