Feb 7 (Reuters) - Tronc Inc:
* TRONC, INC. ANNOUNCES SALE OF THE LOS ANGELES TIMES AND THE SAN DIEGO UNION-TRIBUNE TO DR. PATRICK SOON-SHIONG FOR $500 MILLION PLUS THE ASSUMPTION OF $90 MILLION IN PENSION LIABILITIES
* TRONC INC - AFTER-TAX CASH PROCEEDS WILL BE USED TO REPAY ALL CURRENTLY OUTSTANDING CORPORATE DEBT
* TRONC INC - TO TRANSFER OPERATIONAL LIABILITIES ASSOCIATED WITH LOS ANGELES TIMES, SAN DIEGO UNION-TRIBUNE & OTHER RELATED COMMUNITY-BASED PUBLICATIONS
* TRONC INC - TRANSACTION HAS BEEN APPROVED BY TRONC BOARD OF DIRECTORS
* TRONC INC - TRONC WILL ALSO TRANSFER $90 MILLION IN PENSION LIABILITIES IN CONNECTION WITH TRANSACTION
* TRONC INC - ENTERED AGREEMENT TO SELL LOS ANGELES TIMES, SAN DIEGO UNION-TRIBUNE AND VARIOUS TITLES IN CALIFORNIA NEWS GROUP TO NANT CAPITAL Source text for Eikon: Further company coverage:
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