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Gannett Co., Inc, also called Gannett, is a digitally focused media and marketing solutions company, which engages in the provision of media and marketing solutions. It operates through the Publishing and ReachLocal business segments. Read More The Publishing segment comprises of USA TODAY NETWORK and Newsquest, which delivers content where and when consumers want to engage with it on virtually any device or platform. The ReachLocal segment consists of products and solutions in the categories of digital, web presence, and software-as-a-service. The company was founded on November 21, 2014 and is headquartered in McLean, VA.
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Gannett Comments on MNG Enterprises, Inc.’s Continued Failure to Produce a Financing Commitment
MCLEAN, Va.--(BUSINESS WIRE)-- No Shareholder Action Required at This Time Gannett Co., Inc. (GCI) (“Gannett” or “company”) today confirmed receipt of a letter provided to MNG Enterprises, Inc. (“MNG”) from Oaktree Capital Management L.P. in connection with MNG’s unsolicited proposal to acquire Gannett, which the Gannett board of directors unanimously rejected on February 4, 2019. Gannett issued the following statement: Scroll to continue with content Ad The letter that MNG has procured from Oaktree’s d...
Gannett +4.4% as suitor MNG says Oaktree confident in financing
Gannett (NYSE:GCI) has risen to session highs, up 4.4% , after hostile suitor MNG/Digital First says it's received a letter saying Oaktree is highly confident in MNG's financing for a takeover.
Expected May 6, Pre-Market