Tronc soars on report that it may sell newspapers to buyout firm

TRONC INC., the publishing chain that owns the Chicago Tribune, is reportedly considering a sale of its newspaper holdings to a private equity firm. / BLOOMBERG NEWS FILE PHOTO/KOSTAS TSIRONIS
NEW YORK - Tronc Inc., the publishing chain that owns the Chicago Tribune, rallied the most in six months on a report that it’s considering a sale of its newspaper holdings to a private equity firm. The proposed deal involves a bid of $19 to $20 a share, according to a story in the Tribune, which…
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