2019/01/13 · Digital First Media is proposing to buy Gannett for $12 a share, which would be a 23 percent premium above Friday's closing price of $9.75 a share. Digital First is majority owned by hedge fund Alden Global Capital. In January 2019, Digital First Media acquired 7.5% of Gannett's public stock, and made an unsolicited bid to acquire Gannett for $1.36 billion. On February 4, 2019 Gannett's board "unanimously rejected" the offer, saying "that. 2019/01/14 · He predicted that Gannett's board will decline the offer. MNG Enterprises, which also operates as Digital First Media, is proposing to buy Gannett for $12 a share, or about $1.36 billion. That would be a 23 percent premium above.
2019/01/14 · Better known as Digital First Media, MNG Enterprises — which is backed by New York-based hedge fund Alden Global Capital LLC — has already built a 7.5 percent stake in Gannett and plans to publicly push Gannett to sell. 2019/01/14 · A version of this article first appeared in the "Reliable Sources" newsletter. 2019/02/04 · Gannett on Monday said its board has unanimously rejected an unsolicited $1.36 billion buyout from MNG Enterprises, better known as Digital First Media. Digital First then said that it might nominate new Gannett board.
2019/02/04 · Gannett Co. said Monday that its board of directors had unanimously rejected Digital First Media’s offer to buy the USA Today publisher for $1.4 billion. Digital First, a hedge-fund-backed media company officially known. 2019/01/14 · You may have recently seen media stories regarding MNG Enterprises, or Digital First Media, and their plan to make a proposal to acquire our company. To date there has been no communication to Gannett regarding a proposal. 2019/01/14 · Media News Group Enterprises, better known as Digital First Media, is reportedly planning to make an offer to buy USA Today publisher Gannett Co. at $12 per share. The offer would represent a 23% premium over. Digital First Media is a hedge-fund-backed group, otherwise known as MNG Enterprises Inc., that submitted an unsolicited, roughly $1.36 billion bid for Gannett on Monday. The company, which currently owns about 100 properties.
2019/01/14 · Digital First Media plans to push Gannett NYSE:GCI to consider a sale and will also make an offer itself at $12 per share, sources tell The Wall Street Journal. The media group backed by hedge funds has already amassed a 7.5. 2019/01/16 · I offer this story because now we are being asked to save Gannett from the ravages of something much worse. And we should. The Wall Street Journal’s Cara Lombardo reported on Sunday that Digital First Media, the Death Star.2019/02/04 · Gannett, the nation's largest newspaper chain and the publisher of USA Today, rejected a takeover bid by MNG Enterprises, the hedge fund-owned company also known as Digital First Media. 2019/01/14 · Digital First is offering $12 a share for Gannett, marking a 23% premium over its closing price of $9.75 as the market closed on Friday. The media group, backed by hedge fund Alden Global Capital, asked that Gannett halt the.
2015/06/01 · Digital First Media, the company that owns The Detroit News, has struck a deal with Gannett to swap ownership interests in an array of newspapers in the San Francisco area and elsewhere in the country, the company. 2019/01/14 · Digital First Media is making an aggressive play to buy Gannett, offering $12 a share for the struggling publisher on Monday. The figure is a 23 percent premium on Gannett’s current share price of roughly $9.75. Digital. 2019/05/16 · Gannett Co. retained control of its entire board in a proxy fight with Digital First Media, in a rebuke of the hedge-fund-backed publisher’s claim that Gannett had been mismanaged and should explore a sale. Gannett on. 2019/01/14 · Digital First Media owns newspapers like the Vallejo Times-Herald and The Vacaville Reporter. Gannett said its board will review the proposal. Investors gave the deal a vote of confidence, immediately pushing Gannett stock up more than 20 percent to almost $12, the amount Digital First.
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