Advertisement

GateHouse Media will buy Gannett, owner of the Press-Citizen and Des Moines Register, for $1.4 billion

GateHouse Media will buy Gannett Co. Inc., USA Today reported on Monday afternoon. USA Today is the flagship newspaper for Gannett, which also owns the Press-Citizen and Des Moines Register. The two companies agreed to a “cash-and-stock deal worth about $1.38 billion and financed in part with new private-equity debt” […]

Read More…

Report: Gannett, owner of the Press-Citizen and Des Moines Register, will be bought by rival GateHouse

According to multiple reports, GateHouse Media is preparing to buy Gannett, the media company that owns the Press-Citizen and the Des Moines Register. GateHouse is the largest owner of daily newspapers in the country with 156 dailies, mostly in small markets. It also owns 328 weeklies. Gannett, which owns 109 daily papers […]

Read More…