NEW YORK, Aug. 6, 2019 /PRNewswire/ -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Gannett Co., Inc. (GCI) on behalf of Gannett shareholders concerning the proposed merger with New Media Investment Group Inc.
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Pursuant to the proposed transaction, announced on August 5, 2019 and valued at $1.38 billion, Gannett shareholders will receive $6.25 in cash and 0.5427 shares of New Media common stock for each share of Gannett common stock owned. The investigation focuses on whether Gannett and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company's shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Gannett shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 308-1869, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning our investigation of Gannett please go to https://bespc.com/gci/. For additional information about Bragar Eagel & Squire, P.C. please go to www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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