Tronc also owns the New York Daily News, Chicago Tribune, Baltimore Sun, Orlando Sentinel, Hartford Courant as well as other regional papers. Shares of the media company were up 1.5% to US$16.57. Finally, British sandwich chain Pret a Manger is to be taken over by Luxembourg-based JAB Holdings in a deal worth more than £1.5bn. JAB, which acts as an investment vehicle for the reclusive Reimann family, currently owns Panera, doughnut maker Krispy Kreme and coffee brands Kenco, Douwe Egberts, and Tassimo.