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Gannett swooped up by newspaper chain for $1.4B

By Rick Rummell (Courthouse News) MANHATTAN (CN) – When Americans crack open their daily newspapers next year, it is likely that one out of six papers will be owned by a single company. On Monday, GateHouse Media announced it will buy Gannett Co. for nearly $1.4 billion at $12.06 per share. The deal is for […]