We Give Shareholders a Voice
Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Gannett Co., Inc. (“Gannett” or the “Company”) (NYSE: GCI) to New Media Investment Group Inc. (“New Media”) (NYSE: NEWM). Under the terms of the deal, shareholders of Gannett will receive $6.25 in cash and 0.5427 of a New Media share for each Gannett share they hold.
The Gannett merger investigation concerns whether the Board of Gannett breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether New Media is underpaying for Gannett shares, thus unlawfully harming Gannett shareholders.
To receive more information, please fill out the form.