Gannett Reportedly Discusses a Possible Merger with GateHouse Media
They may also be in talks with McClatchy and Tribune Publishing.
Gannett and GateHouse Media are reportedly discussing a possible merger to cut costs while expanding their audience reach, says USA Today, a Gannett-owned newspaper. The news comes just two weeks after Gannett successfully fought a hostile takeover by rejecting MNG Enterprises board candidates and days after GateHouse Media announced layoffs of 200 in a ‘small restructuring.’ The Wall Street Journal reports that Gannett has also explored possible deals with Tribune Publishing and McClatchy.
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