Newspaper Publisher McClatchy Files for Bankruptcy
The company said it would continue to operate as it restructures $700 million in debt.
Gannett Gets $1.36 Billion Takeover Bid From MNG
Gannett lost more than 40% of its value since it was spun off as a public company in 2015.
Tribune Aims to Kill Gannett Bid
The publishing company has also sold a $70 million stake to a billionaire investor as it continues to put obstacles in the way of a hostile takeover.