On February 8, 2019, MNG Enterprises, Inc. announced that it has delivered a notice to Gannett Co., Inc. of its nomination of 6 individuals to serve on the Board of Directors of the Company: Timothy A. Barton, Heath Freeman, R. Joseph Fuchs, Guy Gilmore, Dana (Goldsmith) Needleman, and Steven B. Rossi. Further, MNG Enterprises added that the nominations follow the Company’s rejection of MNG’s premium, all-cash proposal to acquire the Company for $12.00 per share and its refusal to extend the deadline for director nominations to facilitate continued discussions towards a negotiated transaction. In addition, MNG Enterprises stated that its proposal represents a 41% cash premium to the Gannett share price on December 31, 2018.