"We have a tremendous opportunity to apply data technology to Tribune Publishing's collection of award-winning brands and distribution platforms to create value for all of our key stakeholders," Dearborn said in a statement. "The board and the management team are committed to generating shareholder value. As we clearly conveyed to Gannett, we take their offer seriously and are seeking a reasonable amount of time for our board and advisors to properly vet the proposal against our own strategic plans."