Digital First Media Launches Proxy Fight to Overhaul Gannett Board

Posted Friday, February 8, 2019 8:01 am

Debroop Roy and Arjun Panchadar | Reuters

Newspaper chain MNG Enterprises announced a proxy fight against Gannett Co on Thursday by nominating six directors to its board, days after the USA Today owner rejected MNG’s $1.36 billion buyout offer.

Gannett had said on Monday MNG’s offer undervalued the company and was not credible.

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Digital First Media Launches Proxy Fight to Overhaul Gannett Board

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