In December, the company had received
an unsolicited takeover offer from an unnamed buyer, which Gusella refused.
Not exact matches
Gannett, the biggest U.S. newspaper publisher by circulation, made an
unsolicited $ 12.25 per share
takeover offer for Tronc — formerly Tribune Publishing — in April, valuing the company at about $ 815 million.
These provisions are intended to avoid costly
takeover battles, reduce our vulnerability to a hostile change in control or other
unsolicited acquisition proposal, and enhance the ability of our board of directors to maximize stockholder value in connection with any
unsolicited offer to acquire us.
USA Today owner Gannett has boosted its
takeover bid for Tribune Publishing Co. by about 22 percent one week after the owner of the Los Angeles Times, Chicago Tribune and other newspapers adopted a «poison pill» plan to thwart the
unsolicited offer.