Gannett Says Carl Icahn Has Withdrawn Nominees to Its Board

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by: Michael J. de la Merced | New York Times

A little over a month ago, Carl C. Icahn seemed poised for a fight at the Gannett Company. Now, the veteran activist investor is backing down.

 

Gannett disclosed on Monday that Mr. Icahn had withdrawn his two nominees for its board, as well as his corporate governance proposals that would have made it easier to sell the media company.

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