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Security Profile
- Security Type
- Common Stock
- CUSIP
- 64704V106
- Market Cap
- Mid Cap
- Previous Symbol
- NEWM (changed 11/19/2019)
- Previous Name
- New Media Investment Group, Inc.
Business: Gannett Co., Inc. is an innovative, digitally focused media and marketing solutions company committed to strengthening communities across its network. Gannett brands include the USA TODAY and more than 260 daily local newspaper brands, digital marketing services companies ReachLocal, WordStream, and ThriveHive and U.K. media company Newsquest.
Notes: November 19, 2019 -– New Media Investment Group Inc.(NYSE:NEWM) and Gannett Co., Inc. (NYSE: GCI) jointly announced today the successful completion of the previously announced acquisition of Gannett by New Media for a combination of cash and stock. As previously announced, Gannett stockholders are entitled to receive $6.25 in cash and 0.5427 shares of New Media common stock per share of Gannett common stock in the Merger. The combined company will operate under the name “Gannett Co., Inc.”. Beginning on November 20, 2019, New Media will trade on the New York Stock Exchange under this name and its ticker symbol will be changed to “GCI”. Michael Reed will remain Chairman and Chief Executive Officer of the combined company and Paul Bascobert will serve as Chief Executive Officer of the operating subsidiary, Gannett Media Corp. __________________ January 27, 2014 -- Newcastle Investment Corp. NYSE:NCT announced today that its Board of Directors has formally declared the distribution of its equity interest in New Media Investment Group Inc. Newcastle’s equity interest represents 25,373,120 shares (the Distributed Shares), or approximately 85% of the total number of outstanding shares of New Media common stock. Following the distribution, New Media will be an independent, publicly traded company (NYSE: NEWM) primarily focused on investing in local media assets and on growing its existing online advertising and digital marketing services business. The distribution will be made on or about February 13, 2014 (the Distribution Date) to Newcastle common stockholders of record (NCT Record Holders) as of 5:00 p.m., Eastern Time, on February 6, 2014 (the Record Date).
Company Contact
- CEO
- Michael E. Reed
- CFO
- Trisha Gosser
- CEO
- Paul Bascobert
- Headquarters
- 175 Sully's Trail, Suite 203, Pittsford, NY 14534
- Phone
- 585-598-0030
- Investor Relations
- Matt Esposito · 585-598-0030 · investors@gannett.com