M&A Deal Summary

Tribune Publishing Acquires MLIM

On May 7, 2015, Tribune Publishing acquired publishing company MLIM for 85M USD

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

M&A Deal Summary
Date 2015-05-07
Target MLIM
Sector Publishing
Buyer(s) Tribune Publishing
Deal Type Add-on Acquisition
Deal Value 85M USD

Target

MLIM

San Diego, California, United States
MLIM LLC is a publisher of newspapers.

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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 2 of 5
Sector (Publishing) 2 of 4
Type (Add-on Acquisition) 1 of 4
State (California) 1 of 1
Country (United States) 2 of 5
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-31 Wrapports - Suburban Publications

United States

Wrapports - Suburban Publications includes Aurora Beacon-News, The Elgin Courier-News, the Lake County News-Sun, The Naperville Sun, the Post-Tribune in Northwest Indiana, The SouthtownStar and the 32 Pioneer Press weekly newspapers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-04 Merrick Media

New York, United States

Merrick Media LLC is a provider of publishing media services to audiences and advertisers across all platforms.

Buy $44M
Mergr

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