Jenner & Block

Firm Represents Merrick Media in Private Placement Transaction with Tribune Publishing Company

Jenner & Block represented Merrick Media, LLC, and its chairman and chief executive officer, Michael W. Ferro, Jr., in purchasing 5,220,000 shares of common stock of the Tribune Publishing Company for $44.4 million in a private placement.  The Tribune Publishing will use the proceeds to pursue strategic acquisitions and digital initiatives, according to a press release.  The private placement closed on Wednesday, February 3.  As part of the transaction, Mr. Ferro joined the Tribune Publishing Board of Directors as its non-executive chairman.

The team representing Merrick Media and Mr. Ferro included Partners Mark A. Harris Geoffrey M. Davis and Jeffrey R. Shuman, Special Counsel Matthew R. Pacella, and Associate Michael F. Bolos.