Tribune Publishing Shares Surge

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Shares of Tribune Publishing, publisher of the Los Angeles Times, rose sharply Monday following news of a potential takeover by USA Today Publisher Gannett Co. The stock closed at $11.50, a 53 percent improvement over Friday’s closing price and its highest close since August. The Times reports Gannett was up $1.02, or 6.5 percent, to $16.79.

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