gannett
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Denver Post parent Digital First hires financial adviser to press bid for USA Today owner
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Denver-based Digital First Media has hired a financial adviser as it seeks to press its $1.4 billion bid for Gannett Co. Inc. Digital First recently retained investment bank Moelis & Co. for advice on the bid and how to fund it, according to people familiar with the matter. It is also being advised by law…
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Denver Post parent makes bid for Gannett, largest US newspaper chain
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A hedge-fund-backed media group known for buying up struggling local papers and cutting costs has made an offer for USA Today publisher Gannett Co. Inc. MNG Enterprises Inc., one of the largest newspaper chains in the country, has quietly built a 7.5% position in Gannett’s stock and is urging the McLean, Va., publisher to review…
