DIGITAL FIRST WANTS SEATS ON GANNETT BOARD
A hedge fund-owned newspaper company with its eyes on Gannett Co. is launching a hostile bid to take control of Gannett’s board of directors. MNG Enterprises Inc., also known as Digital First Media, notified Gannett of its plans to nominate six directors to its board, Gannett confirmed Thursday. Gannett, which owns USA TODAY, more than 100 local media brands and digital assets, said it “will consider whether MNG is nominating these candidates to support its acquisition proposal.”