SCHUMER STATEMENT ON GANNETT SHAREHOLDER MEETING AND ALDEN GLOBAL'S POTENTIAL TAKEOVER

“The Gannett shareholder’s rejection of Alden’s takeover is a temporary sigh of relief for newsroom staff, employee’s pensions and local communities across the country whose very existence has been under threat by Alden’s avaricious ways," said Senator Schumer. "Local newspapers, including the six Gannett papers throughout upstate New York, are the glue that keeps communities across the country informed and stitched together. I will continue to fight to ensure that firms like Alden aren’t able to buy and sell companies without regard for how they may affect our New York communities and how they may be hindering the First Amendment and the freedom and viability of the press.”