On Tuesday, Glass Lewis said it appeared that Tribune's board gave Gannett's offers a serious look before turning them down. james.koren@latimes.comTwitter: @jrkorenALSOTribune Publishing Chairman Michael Ferro says Gannett is 'trying to steal the company'Who is Patrick Soon-Shiong, Tribune Publishing's new No. In a letter sent Tuesday to Tribune's board, St. Louis investment firm Towle & Co. criticized as "disturbing developments" Tribune's decisions to turn down Gannett and bring L.A. billionaire Patrick Soon-Shiong on board as an investor. 2 shareholder and gives him a seat on Tribune's board starting next month. The letter echoed concerns raised last week by Tribune's third-largest shareholder, Oaktree Capital Management.

Source: Los Angeles Times May 25, 2016 15:14 UTC