NEW YORK, Aug. 6, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Gannett Co., Inc. (NYSE: GCI) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by New Media Investment Group Inc. (NYSE: NEWM). Stockholders will receive $6.25 in cash and 0.5427 shares of New Media Investment Group common stock for each share of Gannett Co. stock that they hold. The transaction is valued at approximately $1.3 billion and is expected to close by the end of 2019.
If you are a stockholder of Gannett Co., Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/gci. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at email@example.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar outcome.
SOURCE Rowley Law PLLC