Gannett Shares Soar On $1.4B Hostile Bid From Digital First Media
8 days ago - By Deadline
Digital First Media , a hedge fund-backed entity known for scooping up local newspapers and then aggressively cutting costs and jobs, has made an unsolicited $1.36 billion offer for Gannett .
Shares in Gannett have soared 18% on the news, reaching $11.50 in morning trading.
The management of Gannett indicated it will consider the offer at the board level, but the offer letter did not mince words, saying that Digital First believed that Gannett's leadership has failed to...
Read more ...
Digital First Media Hedge Fund Eyes Purchase of Gannett
9 days ago - By The Wrap
Digital First Media is making an aggressive play to buy Gannett, offering $12 a share for the struggling publisher on Monday. The figure is a 23 percent premium on Gannett's current share price of roughly $9.75.
Digital First Media already owns a 7.5 percent stake in the publisher. In a letter to the Gannett board of directors, Digital First said the current leadership was not working and cited the company's tumbling share price since going public more than two years ago as proof.
The news was f irst reported in the Wall Street Journal.
Gannett, which publishes USA Today in addition to a...
Read more ...
The headlines of Movie Mag
The Rise of Strong, Able Female Villains
More and more we see strong, powerful women appearing on the dark side of the force, showing that villainous roles aren't a male-exclusive and that women can be effective and...
Thor: Ragnarok. Levity goes a long way in saving something vacuous
Thor: Ragnarok bursts onto the screen as a larger than life, CG laden, comedic gladiator film. The plot is about Thor, the God of thunder losing his hammer and having to...
Why we'll be talking about Blade Runner 2049 for a long time
The stakes were phenomenally high for director Denis Villeneuve. Blade Runner Fans anticipated the film with a combined sense of foreboding and delirious excitement. Blade...
Bryan Singer Hit With New Allegations of Sex with Underage Boys
In a new report, four men allege that the Bohemian Rhapsody director had sexual encounters with them when they were teens in the late 1990s.
8 Biggest Snubs From The 2019 Oscar Nominations
A lot of great films got recognized this morning at the 2019 Academy Award nominees presentation, but as always a lot of great films got surprisingly ignored.
Kevin Feige, Black Panther Cast React to Oscar Nominations
The cast and crew behind Marvel's Black Panther have commented on the film's nominations for this year's Academy Awards.
The Sopranos Prequel Movie Casts James Gandolfini's Son as
The Sopranos Prequel Movie Casts James Gandolfini's Son as Young Tony Michael Gandolfini will take over the role originated by his dad in The Sopranos for movie prequel The...
Superhero Bits: Katherine Langford's Role in ‘Avengers: Endgame', Deadpool...
When will Arrow address the cliffhanger from the Elseworlds crossover last year? How many Oscar nominations did Black Panther get? How did Deadpool participate in the 10-Year...
‘Rel' Co-Creator Kevin Barnett Dies at 32
The comedian passed away suddenly in Mexico.
Can Tracee Ellis Ross And Kumail Nanjiani Just Announce The Oscar Nominees...
Every year, awards ceremonies make a big to-do about the nominees ahead of the actual awards ceremonies. And you know what? Most of these nominations events suck.
Black Panther Scores 7 Oscar Nominations Including Best
Black Panther Scores 7 Oscar Nominations Including Best Picture This morning's reveal of the Academy Award nominees shows lots of love for the superhero movie Black Panther.
‘The LEGO Movie 2' Featurette Catches the Voice Cast Having a Blast
The LEGO Movie 2: The Second Part is just over a couple weeks away from release, and since it's been a few years since the gang got back together, a new featurette gives the...
How To Watch All The Major 2019 Oscar Nominees
2019's best pictures have been announced, and we know exactly where you can find them!