Gannett Stands Firm in Rejecting Digital First"s Takeover Proposal

Owner of USA TODAY said the $12-a-share proposal undervalues Gannett and its board doesn&rsquo.....»»

Toshiba Corp. said Wednesday that it has received an acquisition proposal from private equity firm CVC Capital Partners.....»»

Sorrento Therapeutics, Inc. (NASDAQ: SRNE) announced on Monday, after reviewing the latest acquisition proposal in consultation with its advisors, is rejecting a takeover bid. 0 read more.....»»

Gannett Co., the nation’s largest newspaper chain, fended off a hostile takeover attempt Thursday by MediaNews Group (MNG), also known as Digital First Media. The company, which publishes USA Today as well as the Courier-Post in Cherry Hill and the.....»»

Gannett Co. is poised to retain control of its entire board in a proxy fight with a hedge-fund-backed rival that made a hostile bid for the USA Today owner, according to people familiar with the matter......»»

A shareholder advisory service sided with Gannett in its effort to fend off the hostile takeover attempt of a hedge fund-controlled newspape.....»»

Digital First Media, the hedge fund-backed media company pushing Gannett Co. to sell itself, plans to cut the number of seats it is seeking on Gannett’s board in half, according to people familiar with the matter......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

A report citing people familiar with the matter said Digital First Media, majority owned by Alden Global Capital, would offer to b.....»»

The publisher of USA Today has received a $1.36 billion buyout bid from a media group with a history of taking over struggling newspapers and slashing jobs......»»

The publisher of USA Today has received a $1.36 billion buyout bid from a media group with a history of taking over struggling newspapers and slashing jobs......»»

Gannett has been pursuing a purchase of digital publisher Gizmodo Media Group, an effort that could be complicated by the takeover approach the USA Today owner received this week from a hedge fund-backed rival......»»

Gannett 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......»»

The owner of the Milwaukee Journal Sentinel and several other Wisconsin daily newspapers rejected a hostile takeover bid by a company known for slashing costs when it buys local news publications and websites. Gannett Co. Inc. of McLean, Va., announced .....»»

The board of directors questioned Digital First Media's motives and accused it of trying to conceal the company’s “inability to finance and complete” the deal......»»

Gannett Co.’s board of directors said Monday that .....»»

Digital First Media, the hedge-fund-backed newspaper chain whose takeover bid for Gannett Co. was rejected, has launched a proxy fight in an attempt to remake Gannett’s board of directors, according to people familiar with the matter......»»

Digital First Media, the hedge-fund-backed newspaper chain whose takeover bid for Gannett was rejected, is preparing for a proxy fight to remake the publisher’s board......»»

SpringTide Ventures has two partners based in the Boston area and plans to invest in digital health, medical devices, life sciences and tech-enabled care delivery......»»

The company, which started in Houston 37 years ago, is now "the largest independent PR and digital marketing firm in the Southwest.”.....»»