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Situational awareness: After years of ridicule, Tronc may finally change its name back to Tribune Publishing, according to The Chicago Tribune. The newspaper publishing company has faced a year of high-profile turmoil, including disappointing revenues, union fights, layoffs and sexual harassment allegations.
On Monday, the company completed the sale of some of its largest assets, The Los Angeles Times and San Diego Union-Tribune, for $500 million to to biotech billionaire Patrick Soon-Shiong.