News Story | Report: Media Group Eyes Acquisition Of Gannett


2019-01-14 | By newsstory | 117 Hits

A hedgefundbacked media group known for buying up struggling local papers and cutting costs is planning to make an offer for USA Today publisher Gannett Co GCI 052 according to The Wall Street Journal citing people familiar with the matterMNG Enterprises Inc one of the largest newspaper chains in the country has quietly built a 75 position in Gannetts stock and plans to publicly urge the McLean Va publisher to put itself up for sale the people saidMNG better known as Digital First Media will also offer to buy Gannett for 12 a s >>READ MORE

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