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Tag: MNG Enterprises

gannett

Will Hedge Fund Gobble Up The Journal News In Hostile Takeover?

January 15, 2019January 15, 2019rcbizjournal

What will happen to the Journal News if Gannett Co. agrees to be bought out by MNG Enterprises Inc., a newspaper group backed by a hedge fund with a reputation for making deep cost cuts without investing sufficiently to bolster a papers’ long-term sustainability?

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