USA Today owner rejects bid from hedge fund-backed rival
USA Today publisher Gannett said Monday its board unanimously rejected a $1.4 billion takeover offer from rival Digital First Media that would merge two of the largest US newspaper groups.
USA Today publisher Gannett said Monday its board unanimously rejected a $1.4 billion takeover offer from rival Digital First Media that would merge two of the largest US newspaper groups.
Business
Feb 4, 2019
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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.
Business
Jan 14, 2019
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Gannett, the publisher of USA Today and other newspapers, has warned about 18,000 current and former employees that hackers may have had access to their personal information after breaking into the emails of members of its ...
Security
May 2, 2017
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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 around anymore.
Business
Jun 2, 2016
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The newspaper business is shrinking fast. Print ad revenues keep falling, and cost-cutting is the mantra of the day. So why is Tribune Publishing fighting so hard to avoid the embrace of USA Today owner Gannett?
Business
Jun 1, 2016
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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 newspapers.
Business
May 5, 2016
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US media giant Gannett said Monday it completed its breakup which separates its newspaper division, including flagship USA Today, from broadcast and digital businesses.
Business
Jun 29, 2015
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USA Today said Thursday it was eliminating 60 to 70 jobs as the large daily responds to declining print circulation and ad revenues.
Business
Sep 4, 2014
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Following an unprecedented series of spinoffs by major US media companies, the print news industry now faces a rocky future without financial support from deep-pocketed parent firms.
Business
Aug 17, 2014
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The game of survival is on for newspapers, as USA Today owner Gannett on Tuesday became the most recent major media entity to say it will divide its print and broadcast divisions into separate companies.
Business
Aug 5, 2014
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