Latest in Justin Dearborn

ICM Partners has hired former Tribune Publishing chairman and CEO Justin Dearborn as its chief operating officer, effective today. Dearborn was introduced this morning during the agency’s weekly staff meeting. At ICM, Mr. Dearborn will report to Chris Silbermann, managing director of ICM Partners, and be in charge of…

Tronc is hoping its sale of the Los Angeles Times and San Diego Union-Tribune will close “in days or weeks,” the company’s CFO, Terry Jiminez, told investors during a conference call to discuss the company’s fourth-quarter results. The sale to biotech billionaire Patrick Soon-Shiong, for $500 million in cash plus the…

Tronc confirmed this morning that it has sold the Los Angeles Times and San Diego Union-Tribune to biotech billionaire Patrick Soon-Shiong for $500 million plus the assumption of $90 million in pension liabilities. Because of the healthy sale price and the removal of longstanding friction between management and newly…