A media company led by a hedge fund is making a play to take over Gannett, one of the largest newspaper companies in the United States
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Hedge fund-backed media company offers to buy USA Today publisher GannettNewspaper chain MNG Enterprises on Monday offered to buy publisher Gannett for $12 per share.
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Gannett journalists anxious amid report that Digital First Media is circling the companyDigital First Media is 'notorious for slash-and-burn tactics,' writes brianstelter
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Digital First Media makes bid for USA TODAY parent GannettGannett Co., which owns USA TODAY and 109 other local media properties, has officially received an unsolicited proposal to acquire the company from media company MNG Enterprises, also known as Digital First Media.
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Tribune Publishing Recently Tried to Rekindle Merger Talks With GannettGannett was recently approached by Tribune Publishing about reviving merger talks in the weeks before Gannett became the target of a takeover bid by MNG, aka Digital First Media.
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