MNG Enterprises, Inc. (Digital First Media) is planning to make an offer for Gannett Co., Inc. (NYSE:GCI) according to people familiar with the matter. MNG Enterprises has quietly built a 7.5% position in Gannett’s stock and plans to publicly urge the McLean, Va., to put itself up for sale, the people said. MNG will also offer to buy Gannett for $12 a share, they said, which would represent a 23% premium over January 11, 2018’s closing price of $9.75. Digital First Media wants Gannett to hire bankers to consider a sale, enter into talks with Digital First about a deal, review its strategy before hiring a new Chief Executive Officer and halt acquisitions of digital assets, the people said.