Salt Lake Tribune Publishing Co. v. Management Planning, Inc.

BRISCOE, Circuit Judge.

This appeal arises out of the efforts of Salt Lake Tribune Publishing Company (“Tribune Publishing”) to reacquire The Salt Lake Tribune newspaper. An appraisal from Management Planning, Inc., (“MPI”), which valued the assets of The Salt Lake Tribune, is at the center of the present controversy. Tribune Publishing appeals the district court’s dismissal of its complaint pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure. We exercise jurisdiction pursuant to 28 U.S.C. § 1291, and REVERSE and REMAND.

I

Tribune Publishing has an Option Agreement to purchase The…