PHILADELPHIA, PA / ACCESSWIRE / September 5, 2019 / Kaskela Law LLC announces that it is investigating New Media Investment Group Inc. (“New Media”) (NEWM) of behalf of the company’s shareholders.
On August 5, 2019, New Media announced that it had entered into an agreement to acquire Gannett Co., Inc. (“Gannett”). In connection with the proposed acquisition, New Media disclosed that it expects to issue over 63 million shares of common stock to Gannett stockholders who would, as a result, own approximately 50% of the combined company.
Kaskela Law’s investigation seeks to determine whether the proposed transaction as structured is fair to New Media and the company’s stockholders, and whether stockholders are being provided with all material information necessary to evaluate and vote on the proposed transaction with Gannett.
New Media stockholders are encouraged to contact Kaskela Law (David Seamus Kaskela, Esq.) at (484) 258 - 1585 or (888) 715 - 1740, or via email at email@example.com, to discuss this investigation and their legal rights and options. Additional information may also be found at http://kaskelalaw.com/case/new-media/.
Kaskela Law LLC exclusively represents stockholders in state and federal actions throughout the country. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
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SOURCE: Kaskela Law LLC
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