Gannett turns down hedge fund-backed Digital First Media

Gannett on Monday said its board has unanimously rejected an unsolicited $1.36 billion buyout from MNG Enterprises , better known as Digital First Media. Digital First then said that it might nominate new Gannett board directors to consider its offer.

The board decided the $12 per share offer was too low, and that it wasn’t in the interest of the company or its shareholders, according to Gannett Co. Gannett also cast doubt on Digital First’s ability to complete the deal after it said the company refused to answer questions about its ability to fund the acquisition without a non-disclosure agreement.

“It appears that MNG does not have a realistic plan to acquire Gannett,” Gannett said in a prepared statement.

https://apnews.com/4ca7b9e1e8f44e7db36db523b996c201

‘There Is Going to Be a War Within the [D] Party. We Are Going to Lean Into It.’

aybe you’ve heard the warning: The country is beset by a menace. A fringe conservative minority is holding Congress hostage, extracting radical policy concessions over the will of the majority. And it’s leading the nation to fiscal, environmental and moral ruin.

Maybe you haven’t heard this part: These dangerous conservatives are Democrats.

https://www.politico.com/magazine/story/2019/02/04/the-insurgents-behind-alexandria-ocasio-cortez-224542

Jack Dorsey Tells Joe Rogan: Trump Is No Worse Than Obama

https://www.thedailybeast.com/twitter-ceo-jack-dorsey-tells-joe-rogan-trump-is-no-worse-than-obama