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Stock Market & Financial Investment News

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March 10, 2014
09:52 EDTGCI, MNI, GHC, AHC, TRBAANewspaper group looks for $3B in possible sale of Cars.com, WSJ says
The Classified Ventures consortium, which includes publishers Gannett (GCI), Tribune (TRBAA), A.H. Belo (AHC), McClatchy (MNI) and Graham Holdings (GHC), has put the Cars.com marketplace up for sale for as much as $3B, according to The Wall Street Journal, citing people familiar with the plans. Gannett, which owns around 27% of Classified Ventures, could raise or sell its stake depending on the price, according to the report, citing two people familiar with the company's plan. Reference Link
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