Tribune Publishing Company TPUB today issued the following statement in response to the letter from Engine Capital LP sent to Tribune Publishing's Board of Directors:
Tribune Publishing welcomes the opinions of its stockholders and is always open to constructive input toward the goal of enhancing stockholder value. Our Board of Directors and management team regularly review the company's business priorities and opportunities, including capital allocation, and assess a variety of strategic options. We are committed to driving value for all Tribune Publishing stockholders and will continue to consider actions to achieve this important objective.
ABOUT TRIBUNE PUBLISHING: Tribune Publishing Company TPUB is a diversified media and marketing solutions company that delivers innovative experiences for audiences and advertisers across all platforms. The Company's diverse portfolio of iconic news and information brands includes 10 award-winning major daily titles, more than 60 digital properties and more than 180 verticals in markets, including Los Angeles; Chicago; South Florida; Orlando; Baltimore; Carroll County and Annapolis, Md.; Hartford, Conn.; Allentown, Pa., and Newport News, Va. Tribune Publishing also offers an array of customized marketing solutions, and operates a number of niche products, including Hoy and El Sentinel, making Tribune Publishing the country's largest Spanish-language publisher. Tribune Publishing is headquartered in Chicago. For more information, please visit www.tribpub.com.
TPUB-F
Tribune Publishing Company
Investor Contacts:
Sandy Martin,
469-528-9360
smartin@tribpub.com
or
Jenni
Gilmer, 469-528-9357
jgilmer@tribpub.com
or
Press
Contacts:
Matthew Hutchison, 312-222-3305
matt.hutchison@tribpub.com
or
Dana
Meyer, 312-222-3308
dmeyer@tribpub.com
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