Tronc starts its new digital strategy with a majority stake in product review site BestReviews

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 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

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