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Stock Market & Financial Investment News

News Breaks
January 23, 2013
06:08 EDTGCIGannett's USA TODAY, American Media announce partnership
David J. Pecker, Chairman & CEO of American Media and Larry Kramer, President & Publisher of USA TODAY announced a partnership to publish 12 special magazines using a "Best Of" theme in 2013. AMI is a publisher of celebrity and health & fitness content, with brands including Shape, Men's Fitness, Star and OK, and a readership of over 55 million. USA TODAY is a multi-platform news and information media company.
News For GCI From The Last 14 Days
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September 10, 2014
06:43 EDTGCITypo causes confusion Icahn's stake in Gannett, NY Times says
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06:16 EDTGCICorrection: Icahn maintains 6.63% stake in Gannett
Carl Icahn maintains a 6.63% stake in Gannett (GCI) and says last night's filing of an increased stake of 8.48% was done in error.
September 4, 2014
06:09 EDTGCIUSA Today cuts 70 employees, WSJ reports
Gannett's USA Today yesterday laid off around 70 people, a source tells the Wall Street Journal. About 35 of the affected employees came from the newsroom, equating to about 10% of its newsroom staff, and the rest of the cuts came across all of the newspaper's departments. Reference Link
September 3, 2014
16:10 EDTGCIGannett gets regulatory clearance to acquire full ownership of Cars.com
Gannett announced that it has received federal regulatory clearance under the Hart-Scott-Rodino Act to acquire full ownership of Cars.com, one of the leading digital companies in the automotive space. Under the agreement, Gannett will acquire the 73% interest it does not already own in Classified Ventures, which owns Cars.com. Closing is expected to occur on October 1.

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