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World News Story: Report: Digital First Plans Bid for USA Today Owner Gannett

MNG Enterprises, better known as Digital First Media, intends to push USA Today publisher Gannett Co. to offer itself for sale, The Wall Street Journal reports. The newspaper, citing "people familiar with the matter," reported Monday that MNG, which is backed by a hedge fund, holds 7.5 percent of Gannett's stock and has been rebuffed…


Posted: 2019-01-14 10:33:33

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World News Story: Report: Digital First Plans Bid for USA Today Owner Gannett | Newsmax Live Newscast | RobinsPost News Network - Newscast

A vulture firm's bid for Gannett shows there's still value in newspapers — for plundering

Tue, 15 Jan 2019 20:35:00 GMT

The private equity firm and its subsidiary Media News Group ... including USA Today, Gannett is one of the nation’s largest newspaper chains. But it has been struggling financially, and its chief exec...

Hedge fund known for ‘milking’ newspapers for cash takes aim at Gannett

Mon, 14 Jan 2019 23:20:00 GMT

The company wants to expand its newspaper empire even further: On Monday, it made a hostile bid to buy Gannett Co., owner of USA Today and many local newspapers ... Los Angeles Daily News, San Jose Me...

Company known for deep cost-cutting offers to buy Gannett

Mon, 14 Jan 2019 16:37:00 GMT

NEW YORK (AP) — A hedge fund-backed bid to buy Gannett Co., the publisher of USA Today and several other major dailies, is renewing fears of consolidation and job losses — as well as a decline in the ...

Daily Freeman owner makes $1.36B bid for Gannett

Mon, 14 Jan 2019 15:05:00 GMT

Register and San Jose Mercury News. Gannett is the parent company of USA Today, the Poughkeepsie Journal and dozens ... It is also seeking a new CEO after Robert Dickey announced plans in December to ...

Bid for Gannett latest challenge for newspaper industry

Mon, 14 Jan 2019 14:08:00 GMT

NEW YORK (AP) — A hedge-fund-backed bid to buy Gannett Co., the publisher of USA Today and several other ... including its former owner, resigned amid budget and staff cuts. The offer is "very bad new...

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Where each state stands on gun-control legislation

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Where each state stands on gun-control legislation. Reporters from USA TODAY and Gannett news operations nationwide reached out to governors and legislatures in each state to learn what gun ...

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On June 13, 2013, the Gannett Company announced that it would acquire Belo. The sale was completed on December 23. On June 29, 2015, Gannett's newspaper business was spun out, with KING and Gannett's former TV properties renamed Tegna. In April 2014, KING announced plans to sell its South Lake Union headquarters and re-locate, taking advantage of a booming real estate market in the South Union ...

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SAIC, Engility stockholders vote to approve merger . The overwhelming approval of SAIC’s $2.5 billion all-stock deal creates one of largest government technology integrators in the market.…

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Newsquest Media Group Ltd. is the second largest publisher of regional and local newspapers in the United Kingdom with 205 brands across the UK, publishing online and in print (165 newspaper brands and 40 magazine brands). It reaches 28 million visitors a month online and 6.5 million readers a week in print. Based in London, Newsquest employs a total of more than 5,500 people across the UK.

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