The future of local journalism, and the fate of the reporters telling those stories, is so worrisome if Digital First Media’s hostile bid for Gannett goes through, media buyers are concerned about what might remain once the dust settles.
Digital First Media is a hedge-fund-backed group, otherwise known as MNG Enterprises Inc., that submitted an unsolicited, roughly $1.36 billion bid for Gannett on Monday. The company, which currently owns about 100 properties, including the Boston Herald, The Denver Post and The Mercury News, already has a massive reach.
That
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