Gannett to Purchase 21 Newspapers in 6 States

Share this article:
Gannett Co., Arlington, VA, will acquire 21 daily newspapers, along with numerous weeklies and niche publications, from Thomson Newspapers Inc., Toronto, in a series of transactions totaling $1.1 billion, Gannett announced this week.


Gannett will acquire Thomson's strategic marketing groups in Wisconsin (eight dailies), central Ohio (eight dailies) and southwest Ohio (two dailies), and single daily newspaper groups in Lafayette, LA; Salisbury, MD; and St. George, UT. The newspapers have a combined daily circulation of 466,000.


Closing is expected to occur in the third quarter and is subject to government approvals.


Gannett is an international news operation that publishes 74 daily newspapers in the United States. The company also owns several nondaily publications.


Thomson -- which has been shifting from newspaper publishing to providing what it calls "e-information and solutions" -- also agreed to a separate deal with Community Newspaper Holdings Inc. Under the terms of the agreement, Thomson will sell to CNHI 17 daily newspapers in Indiana, Georgia and West Virginia, as well as its newspaper operation in Cumberland, MD. The purchase price is $455 million. The newspapers have a combined daily circulation of 260,000.
Share this article:
close

Next Article in Multichannel Marketing

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Multichannel Marketing

Metal Mulisha Races Towards Customization

Metal Mulisha Races Towards Customization

The motocross apparel company boosts mobile and Web conversions through product recommendations and personalized search.

Nielsen Allies With Pointlogic on Cross-Channel Planning

Nielsen Allies With Pointlogic on Cross-Channel Planning

Aim is to develop a "next generation" media planning tool.

If Only Engendering Loyalty Was as Easy as Clicking Your Heels

If Only Engendering Loyalty Was as Easy as ...

Rack Room Shoes combines data, research, and mobile email to deliver a high-heeled digital loyalty program.