Mergers and Acquisitions
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Last week New Media Investment Group, Inc. (NYSE: NEWM), parent company of GateHouse Media, agreed to buy the Austin American-Statesman for $47.5 million in cash.
Yesterday the Boston Herald announced that Digital First Media will acquire the newspaper for $11.9 million. Offering more than double the amount of two other
On Wednesday, Tronc (NASDAQ: TRNC) announced it would sell the Los Angeles Times and The San Diego Union-Tribune for $500 million to billionaire Dr. Patrick
Last week Penske Media Corporation, the owner of Variety, Robb Report and Women’s Wear Daily, purchased a controlling interest in Wenner Media, the publisher of
In this week’s subscription headlines, Amazon announces the expansion of same-day delivery and one-day shipping to thousands more U.S. cities, just in time for the
Santa visited Rupert Murdoch early this year with Disney’s (NYSE: DIS) agreement to buy 21st Century Fox’s film and TV studios, cable networks and international
Yesterday T-Mobile president and CEO John Legere announced that T-Mobile is going to ‘un-carrier’ TV in 2018, the company’s next phase in its mobile video
On Friday, Boston Herald publisher Patrick J. Purcell told staff that GateHouse Media LLC would acquire The Herald and its assets for $4.5 million in
Happy Anniversary to me! That’s what Jann Wenner will be saying when he sells his majority stake in Rolling Stone magazine to one of three
On Sunday, Meredith Corporation (NYSE: MDP) announced it has reached a binding agreement to buy Time Inc. (NYSE: TIME) for $2.8 billion, or $18.50 per
