tronc, Inc. (TRNC) volatility low into Gannett Co (GCI) terminates discussions to acquire

November 1, 2016 8:47 AM EDT
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tronc (NASDAQ: TRNC) 30-day option implied volatility of 37 compares to its 52-week range of 36 to 104 into Gannett Co (GCI) confirming that the company has been engaged in discussions with tronc regarding a potential transaction and has determined not to pursue an acquisition of tronc. Tronc is expected to announce Q3 results this week.

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