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6:30 PM ET 11/25/19 |
Symbol | Last | % Chg |
| 6.59 | 1.54% |
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"We are pleased to announce the completion of the Merger to create the leading U.S. print and digital news organization with deep local roots and national scale," said Michael Reed, Chairman and Chief Executive Officer of New Media. "Our combined company will sustain local journalism in hundreds of markets across the country and enhance the services we provide to small and midsized businesses nationally. On behalf of everyone at New Media, we welcome Gannett and their talented team, and look forward to working together to achieve a seamless transition and to build value for all of our shareholders, employees, clients and local communities."