Gannett Co. (NYSE: GCI), publisher of USA Today, made an $815 million unsolicited bid for Tribune Publishing Co. (NYSE: TPUB), seeking to add the Los Angeles Times and the Chicago Tribune to its newspaper portfolio.

Gannett offered $12.25 in cash per Tribune share, a 63 percent premium to Tribune’s closing price on April 22, according to a statement Monday. The company, which also publishes the Arizona Republic and the Detroit Free Press, first made an approach for Tribune on April 12 and said Tribune refused to engage in discussions. Tribune said Monday it has hired Goldman Sachs Group Inc. and Lazard as financial advisers and Kirkland & Ellis LLP as a legal adviser to consider Gannett’s offer.

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