Digital First sends buyout proposal to Gannett
https://phys.org/news/2019-01-digital-buyout-gannett.html
The Wall Street Journal was first to report that the hedge-fund backed MNG has built up a 7.5 percent stake in Gannett, and that it has been rebuffed repeatedly by the company about a sale.
Gannett said Monday it received the letter, and its board will carefully review the proposal.
Digital First sends buyout proposal to Gannett
Jan 14, 2019, 3:38pm UTC
https://phys.org/news/2019-01-digital-buyout-gannett.html
> The Wall Street Journal was first to report that the hedge-fund backed MNG has built up a 7.5 percent stake in Gannett, and that it has been rebuffed repeatedly by the company about a sale.
> Gannett said Monday it received the letter, and its board will carefully review the proposal.