January 14, 2019
In this Aug. 5, 2014, file photo, specialist Michael Cacace, foreground right, works at the post that handles Gannett on the floor of the New York Stock Exchange. The Wall Street Journal is reporting that MNG Enterprises, better known as Digital First Media, is preparing to bid for newspaper publisher Gannett Co. (AP Photo/Richard Drew, File)
Stories this photo appears in:
Company known for deep cost-cutting offers to buy Gannett
Bid for Gannett latest challenge for newspaper industry
A hedge-fund-backed bid to buy Gannett Co., the publisher of USA Today and several other major dailies across the U.S., is renewing fears of consolidation and job losses — as well as a decline in the quantity and quality of news coverage — in the already battered newspaper industry.
By MAE ANDERSON AP Technology Writer
January 14, 2019
