Spinning M&A – Gannett Acquiring Journal Media Group
That was fast. A few months after outlining an M&A focused growth strategy, Gannett (GCI) is actually ‘walking the walk’ with the announced $280m buyout of the Journal Media Group (JMG). The offer of $12 in cash per share represented a sizable premium of over 40% to the previous close. Readers of this site should be familiar with both… Read More »