M&A Deal Summary

Tribune Publishing Acquires Merrick Media

On February 4, 2016, Tribune Publishing acquired publishing company Merrick Media for 44M USD

Acquisition Highlights
  • This is Tribune Publishing’s 3rd transaction in the Publishing sector.
  • This is Tribune Publishing’s 2nd largest (disclosed) transaction.
  • This is Tribune Publishing’s 3rd transaction in the United States.
  • This is Tribune Publishing’s 1st transaction in New York.

M&A Deal Summary
Date 2016-02-04
Target Merrick Media
Sector Publishing
Buyer(s) Tribune Publishing
Deal Type Add-on Acquisition
Deal Value 44M USD

Target

Merrick Media

New York, United States
Merrick Media LLC is a provider of publishing media services to audiences and advertisers across all platforms.

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Buyer(S) 1

Buyer

Tribune Publishing

Chicago, Illinois, United States
Category Company
Founded 2013
Sector Digital Media
Employees2,865
Revenue 746M USD (2020)
DESCRIPTION

Tribune Publishing is a media company rooted in award-winning journalism. Headquartered in Chicago, tronc operates newsrooms in 8 markets with titles including the Chicago Tribune, New York Daily News, The Baltimore Sun, Orlando Sentinel, South Florida's Sun-Sentinel, Daily Press, The Morning Call of Allentown, Pennsylvania, and Hartford Courant. Our legacy of brands has earned a combined 57 Pulitzer Prizes and is committed to informing, inspiring and engaging local communities. Tribune Publishing was founded in 2013 and is based in Chicago, Illinois.

DEAL STATS #
Overall 3 of 5
Sector (Publishing) 3 of 4
Type (Add-on Acquisition) 2 of 4
State (New York) 1 of 2
Country (United States) 3 of 5
Year (2016) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-07 MLIM

San Diego, California, United States

MLIM LLC is a publisher of newspapers.

Buy $85M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-04 Daily News

New York, New York, United States

Daily News L.P. is the owner of the New York Daily News and NYDailyNews.com. The New York Daily News, with approximately 25 million unique monthly visitors through NYDailyNews.com, has been New York City’s “Hometown Newspaper” since 1919. It has won 11 Pulitzer Prizes, most recently the prize in the category of public service journalism in 2017.

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