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Share Name | Share Symbol | Market | Type |
---|---|---|---|
New Gannett Co Inc | NYSE:GCI | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.65 | 26.97% | 3.06 | 3.185 | 2.59 | 2.59 | 4,720,390 | 01:00:00 |
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.
View original content:http://www.prnewswire.com/news-releases/alert-rowley-law-pllc-is-investigating-proposed-acquisition-of-gannett-co-inc-300897360.html
SOURCE Rowley Law PLLC
Copyright 2019 PR Newswire
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