Gannett and Journal Media Group Receive Clearance from the Department of Justice
April 07 2016 - 4:15PM
Business Wire
Gannett Co., Inc. (NYSE: GCI) (“Gannett”) and Journal Media
Group, Inc. (NYSE: JMG) (“JMG”) announced today that the U.S.
Department of Justice has closed its investigation of Gannett’s
proposed acquisition of JMG, and that early termination of the
waiting period under the Hart-Scott-Rodino Antitrust Improvements
Act of 1976, as amended, has been granted. Gannett and JMG expect
to complete the transaction after the close of regular trading on
the New York Stock Exchange on April 8, 2016, subject to the
satisfaction of customary closing conditions.
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About Gannett
Gannett Co., Inc. (NYSE: GCI) is a next-generation media
company committed to strengthening communities across our network.
Through trusted, compelling content and unmatched local-to-national
reach, Gannett touches the lives of more than 100 million people
monthly. With more than 120 markets internationally, it is known
for Pulitzer Prize-winning newsrooms, powerhouse brands such as USA
TODAY and specialized media properties. To connect with us, visit
www.gannett.com.
About Journal Media Group
Journal Media Group, Inc. (NYSE: JMG), headquartered in
Milwaukee, is a media company with print and digital publishing
operations serving 14 U.S. markets in nine states, including the
Milwaukee Journal Sentinel, the Naples Daily News, The Commercial
Appeal in Memphis, and Ventura County Star in California. Formed in
2015 through a merger of the newspaper operations of The E.W.
Scripps Company and Journal Communications, Inc., the company
serves local communities with daily newspapers, affiliated
community publications, and a growing portfolio of digital products
that inform, engage and empower readers and advertisers. Learn more
at www.journalmediagroup.com.
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For investor inquiries, contact:Gannett
Contact:Michael P. DickersonVice President, Investor Relations
& Real Estate703-854-6185mdickerson@gannett.comorJournal
Media Group Contact:Jason GrahamSenior Vice President, CFO and
Treasurer414-224-2363Jason.graham@jmg.comorFor media inquiries,
contact:Gannett Contact:Amber AllmanVice President,
Corporate Communications703-854-5358aallman@gannett.comorJournal
Media Group Contact:Laurel JahnCommunications
Manager414-224-2059Laurel.jahn@jmg.com
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