Schumer sounds off on Gannett hostile takeover bid

WASHINGTON _ Senate Minority Leader Charles E. Schumer entered the fray involving an investment firm known as the “Destroyer of Newspapers” and its hostile attempt to buy upstate media giant Gannett Co.“While the acquisition and 'streamlining' of Gannett newspapers might increase short-term profits … the long-term impact of liquidating these newspapers would be incalculable to my constituents,” Schumer wrote in a letter Thursday to Heath Freeman, president of New Y