MNG nominates 6 to Gannett board in renewed takeover bid

MNG Enterprise, the parent company of Digital First Media, stepped up the pressure in its $1.36 billion takeover bid of newspaper giant Gannett by nominating six people to run for the 10-person board of directors. If their bid is successful, it would mean Digital First, which is controlled by the cost-slashing hedge fund Alden Global...

from Media | New York Post https://nyp.st/2GtPMow