Announced

Completed

tronc acquired the New York Daily News.

Synopsis

tronc, a media company, acquired Daily News, owner of the New York Daily News and NYDailyNews.com. Financial terms were not disclosed. “We are excited to welcome the New York Daily News team to the tronc family, and we look forward to working with them to serve new audiences and marketers while delivering value for our shareholders,” said Justin Dearborn, tronc CEO. “As part of the tronc portfolio, the New York Daily News will provide us with another strategic platform for growing our digital business, expanding our reach and broadening our services for advertisers and marketers.”

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