Tronc, the company formerly known as Tribune Publishing, announced today that it now owns a majority stake in BestReviews, which publishes in-depth reviews of consumer products. According to an SEC filing, Tronc agreed to pay a total of $ 66 million, including $ 30 million in cash and $ 36 million in Tronc’s common shares, for a 60% stake in BestReviews. Read More
Fundings & Exits – TechCrunch