Shares of Tribune Media Co. are expected to begin trading Friday on the New York Stock Exchange.
Tribune Media, which owns TV and radio stations, said Tuesday it has received approval to list Class A common stock on the NYSE under the symbol “TRCO.” The company’s Class A shares will trade on the OTC Bulletin Board until Friday. Tribune Media’s warrants and Class B shares will continue to be traded on the OTC.
Tribune Media was formed in August when The Tribune Co.’s broadcast and newspaper operations were separated. Tribune Media kept the broadcasting stations, including WGN TV and radio. Tribune Publishing Co. kept the newspapers, including the Chicago Tribune and Los Angeles Times.