May 30, 2019 / 3:32 PM / 2 months ago

Gannett holds merger talks with Gatehouse Media - WSJ

May 30 (Reuters) - USA Today owner Gannett Co Inc has recently discussed merger with Gatehouse Media Inc, reported here the Wall Street Journal on Thursday, citing sources familiar with the matter.

Gannett has been tied in a proxy battle with MNG Enterprises , which tried to nominate six directors to the company’s board days after it rejected MNG’s $1.36 billion buyout offer.

Neither Gannett, nor Gatehouse Media immediately responded to Reuters’ request for comment.

Gannett’s shares up 5.24% at $8.03. (Reporting by Sayanti Chakraborty in Bengaluru; Editing by Shinjini Ganguli)

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