Gannett Bids $815 Million for Tribune Publishing

Gannett Bids $815 Million for Tribune Publishing

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Quizizz Content

FREE Resource

The video discusses Gannett's plan to acquire Tribune for $12.25 per share, highlighting a 63% premium on shares. Tribune has refused to engage in talks, suggesting a potential hostile takeover. Shareholders must evaluate the offer and its implications.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the price per share that Gannett is offering to acquire Tribune?

$20.00

$10.50

$12.25

$15.00

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might the acquisition of Tribune by Gannett be considered a hostile takeover?

Tribune has refused to engage in talks.

Tribune has agreed to the terms.

Tribune is acquiring Gannett instead.

Gannett is offering a low price.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage premium is Gannett offering on Tribune shares?

50%

63%

75%

80%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the April 22nd date mentioned in the video?

It is the date of the acquisition announcement.

It is the date when Gannett was founded.

It is the date when the premium was distributed.

It is the deadline for Tribune to respond.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What must Tribune shareholders do in response to Gannett's offer?

Sell their shares immediately.

Assess the offer and make a decision.

Ignore the offer completely.

Buy more shares of Gannett.