Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings


Gannett $GCI completes spinoff of TEGNA $TGNA

Gannett Co (GCI) has completed the previously announced spin-off transaction, creating two publicly traded companies. The spinoff now trades under TEGNA (TGNA).
The new Gannett, the largest and most diversified publishing company with a portfolio of 92 domestic media markets, Newsquest, a leading UK regional news publisher and our flagship national brand USA TODAY, is led by chief executive officer Robert Dickey, former president of the Gannett U.S. Community Publishing Division. Source

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