Stories tagged: gannett
UPDATED: Thu., Nov. 14, 2019
The two biggest newspaper chains in the country are on the verge of combining, after shareholders of both gave green lights to the $1.13 billion deal Thursday.
UPDATED: Mon., Aug. 26, 2019
Just a week after announcing its $1.4 billion acquisition of Gannett, GateHouse Media was again laying off journalists and other workers at its newspapers, possibly foreshadowing the future awaiting employees …
UPDATED: Mon., Aug. 5, 2019
GateHouse Media, a chain backed by an investment firm, is buying USA Today owner Gannett Co. for $12.06 a share in cash and stock, or about $1.4 billion.
UPDATED: Mon., June 24, 2019
The Supreme Court sided with businesses and the U.S. government Monday in a ruling about the public’s access to information, telling a South Dakota newspaper it can’t get the data …
Sun., March 3, 2019
When the downtown building in Tennessee housing the Memphis Commercial Appeal newspaper sold last April, the name of the buyer – Twenty Lake Holdings LLC – seemed of little consequence. …
UPDATED: Mon., Feb. 4, 2019
USA Today publisher Gannett rejects $1.36B buyout offer from MNG Enterprises, saying it undervalued the company and isn’t in the best interests of the company or its shareholders.
UPDATED: Mon., Jan. 14, 2019
USA Today publisher targeted for buyout by hedge-fund backed media group known for cutbacks.
Tue., Nov. 1, 2016
NEW YORK – Gannett on Tuesday walked away from its attempted takeover of Tronc, the publisher of the Los Angeles Times, Chicago Tribune and other major dailies. Gannett’s target was …
Thu., June 2, 2016
We still don’t know if USA Today owner Gannett will continue its $864 million bid for Tribune Publishing, but we do know that no one will have Tribune to kick …
Mon., May 23, 2016
Tribune Publishing rejected a second takeover bid from USA Today owner Gannett, but did say Monday that it was open to further talks.
Fri., May 20, 2016
Five days after boosting its unsolicited takeover bid for Tribune Publishing Co. by 22 percent, USA Today owner Gannett is urging Tribune shareholders to reject the company’s slate of nominees …
Mon., May 16, 2016
USA Today owner Gannett has boosted its takeover bid for Tribune Publishing Co. by about 22 percent one week after the owner of the Los Angeles Times, Chicago Tribune and …
Mon., May 9, 2016
Fending off an unsolicited takeover by the owner of USA Today, Chicago’s Tribune Publishing has adopted shareholder rights plan, a so-called “poison pill.”
Wed., May 4, 2016
Tribune Publishing Co. on Wednesday rejected Gannett’s more than $388 million buyout offer, saying it’s too little for the company that owns the Los Angeles Times, Chicago Tribune and other …
Mon., May 2, 2016
Gannett is escalating its pursuit of buy rival newspaper company Tribune, telling shareholders of Tribune not to vote for its board member nominees up for election in June.
Tue., April 26, 2016
Tribune Publishing said Tuesday in a letter that USA Today owner Gannett was “erratic” and “unreliable” as the two newspaper companies tried to discuss a possible tie-up.
Mon., April 25, 2016
Newspaper publisher Gannett said Monday that it wants to buy rival Tribune Publishing for more than $388 million, in a deal that would give the owner of USA Today control …