Source: Statesman

New Media Investment: Shareholders set to vote on media mega-deal involving Statesman's parent company

A newspaper industry mega deal in which New Media Investment Group, the owner of the Austin American-Statesman, plans to buy USA Today parent Gannett Co. - combining the No. 1 and No. 2 biggest chains in the country - faces its final hurdle Thursday, when shareholders of the two companies vote on the $1.2 billion pact.The merger of New Media's operating division, GateHouse Media, with Gannett [...]

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Est. Annual Revenue
$1.0-5.0B
Est. Employees
10-50K
Michael E. Reed's photo - CEO of New Media Investment

CEO

Michael E. Reed

CEO Approval Rating

70/100

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