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Monday, January 14, 2019

Gannett gets hostile bid from hedge fund-backed MNG

Newspaper chain MNG Enterprises Inc , controlled by secretive hedge fund Alden Global Capital LLC, on Monday offered to buy Gannett Co Inc in a $1.36 billion deal to add the USA Today and scores of other newspapers to its stable of regional publications.


from Reuters: Business News https://reut.rs/2RrjWPL

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