Gannett Makes Major Investment in Lifestyle Vertical Grateful Ventures

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Gannett Co., Inc. (NYSE: GCI) investors may find themselves ‘grateful’ that the parent company of the USA Today Network is expanding its portfolio with a new purchase. On Wednesday, Gannett announced that it has made a majority investment in Grateful Ventures, an online media and publishing coalition with a focus on building content and monetization strategies for high value domains. Grateful has a particular interest in high-influence food and cooking websites and bloggers.

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