Item 1.01 Entry into a Material Definitive Agreement.
On
Pursuant to the Agreement, Tipico will make an initial payment to Gannett Media
of
The Agreement has an initial five year term and may be terminated by either party upon an uncured material breach by the other party, upon the other party's insolvency, or in the event the Agreement violates applicable laws or jeopardizes either party's business or licenses. Pursuant to the Agreement, the Company and Tipico also agreed to enter into exclusive good faith negotiations prior to the end of the initial term regarding the possible extension or renewal of the Agreement. The Agreement contains customary representations and warranties, confidentiality provisions and indemnification obligations.
The foregoing summary of the Agreement does not purport to be complete and is
qualified in its entirety by reference to the full text of the Agreement
intended to be filed with the Company's Quarterly Report on Form 10-Q for the
quarter ending
Item 8.01. Other Events.
On
The information furnished pursuant to this Item 8.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities under such section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description 99.1Gannett Co., Inc. Press Release datedJuly 27, 2021 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document)
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