Tribune Publishing's (TPUB) Tech Investor Owners Just Had A Big Win Over Gannett (GCI)

It looks like USA Today is officially not going to be the Los Angeles Times' tomorrow. During its annual shareholder meeting here Thursday morning, Tribune Publishing, the Times' parent company, won a key victory. Its tech-entrepreneur owner fended off two takeover attempts from Gannett, publisher of USA Today, and won approval of his board slate. Before the meeting, Bloomberg reported, Gannett was likely to pull out of acquisition talks pending the result of the vote, an outcome that seems almost perfunctory at this point. Now all Tribune chairman Michael Ferro has to do is make the futuristic vision he and the company's new vice chairman and second-largest investor, biotech billionaire Patrick Soon-Shiong, have for the company -- which includes artificial intelligence, "machine vision" technology and new bureaus from Rio de Janeiro to Lagos -- a promising story about the future of news.