Egan-Jones Recommends Tribune Shareholders Vote FOR All Tribune Board Nominees

(RTTNews) - Tribune Publishing Co. (TPUB) said that Egan-Jones, an independent proxy advisory firm, has recommended Tribune shareholders vote "For" all of the Company's directors and reject Gannett's withhold campaign.

The Egan-Jones report follows similar recommendations from leading independent proxy voting and corporate governance advisory firms Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. All three proxy advisory firms have recommended that Tribune shareholders ignore Gannett's withhold campaign.

"The fact the leading proxy advisory firms all agree that shareholders should reject Gannett's withhold campaign sends a clear message that the Board has taken the right approach to protect Tribune shareholders," said Tribune Publishing CEO Justin Dearborn.