Tronc’s top shareholder terminates sale of stake to McCormick Media

(Reuters) – Newspaper publisher Tronc Inc’s top shareholder said in a filing http://services.corporate-ir.net/SEC.Enhanced/SecCapsule.aspx?c=254385&fid=15681381 on Wednesday that it had terminated the sale of a stake in the company after the prospective buyer, investor group McCormick Media, breached its obligations.

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Source:: Reuters – Business News