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Gannett announces mass layoffs, pay cuts, furloughs
McLean-based media giant is America's largest newspaper publisher.
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McLean-based Gannett Co. Inc., the nation’s largest newspaper publisher, sent an email to employees Monday announcing mass layoffs, furloughs and pay cuts, according to The Daily Beast. Like other media
Tegna acquisition talks fall through
Talks to buy Gannett spinoff company broke off due to recent COVID-19 economic crisis.
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As the financial fallout from the COVID-19 pandemic escalates, Tysons-based Tegna announced that two offers to acquire the Gannett spinoff company have fallen through. “TEGNA and its advisors engaged substantially
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Tegna receives new acquisition offer
Tysons-based Gannett spinoff company has competing offers worth roughly $8.5 billion
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Now the subject of a bidding war, Tysons-based broadcast and digital media company Tegna Inc. has received a new acquisition offer from investment firm The Najafi Cos. and religious broadcaster
BH Media sells publications, including 10 Va. newspapers
Lee Enterprises is purchasing Richmond Times-Dispatch, 30 other dailies in 10 states.
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Berkshire Hathaway Inc. is selling its BH Media Group publications portfolio, which includes the Richmond Times-Dispatch and nine other Virginia newspapers, to Lee Enterprises Inc., which has been managing the