MNG Asks Gannett Shareholders to Support Its Board Candidates
MNG Enterprises Inc., parent of Digital First Media, continues its takeover attempt of Gannett, the owner of more than 100 media properties and related businesses, including USA Today, Detroit Free Press, AZCentral, IndyStar and ReachLocal. USA Today reports that MNG has mailed proxies to shareholders, asking for them to support MNGs six nominees to Gannetts board of directors. This is MNGs latest attempt to acquire Gannett, after the company rejected its unsolicited proposal to buy Gannett for $12 per share.
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