Gatehouse Media agrees to pay $1.38B for Gannett
The nation’s largest newspaper chain just got a whole lot bigger. The parent of the nation’s second-largest newspaper company, Gatehouse Media, has struck a $1.38 billion agreement to acquire USA Today publisher Gannett in a cash-and-stock deal. The merger, which would combine Gannett with Gatehouse’s publicly traded New Media Investment Group, was formally unveiled Monday…
Gatehouse Media agrees to pay $1.38B for Gannett
The nation’s largest newspaper chain just got a whole lot bigger. The parent of the nation’s second-largest newspaper company, Gatehouse Media, has struck a $1.38 billion agreement to acquire USA Today publisher Gannett in a cash-and-stock deal. The merger, which would combine Gannett with Gatehouse’s publicly traded New Media Investment Group, was formally unveiled Monday…