NEW YORK, Aug. 6, 2019 /PRNewswire/ -- Rowley Law PLLC is
investigating potential claims against Gannett Co., Inc. (NYSE:
GCI) and its board of directors for breach of fiduciary duty
concerning the proposed acquisition of the company by New Media
Investment Group Inc. (NYSE: NEWM). Stockholders will receive
$6.25 in cash and 0.5427 shares of
New Media Investment Group common stock for each share of Gannett
Co. stock that they hold. The transaction is valued at
approximately $1.3 billion and is
expected to close by the end of 2019.
If you are a stockholder of Gannett Co., Inc. and are interested
in obtaining additional information regarding this investigation,
please visit us
at: http://www.rowleylawpllc.com/investigation/gci. You may
also contact Shane Rowley, Esq. at
Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at
info@rowleylawpllc.com, or by telephone at 914-400-1920 or
844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class
actions and derivative lawsuits in complex corporate litigation.
For more information about the firm and its attorneys, please visit
http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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SOURCE Rowley Law PLLC