Local Papers Beware: Newspaper Giant Gannett in Merger Talks with GateHouse
Just months after Warren Buffett, once an avid investor in newspapers, dismissed the newspaper industry as “toast,” the two largest U.S. players are said to be negotiating to combine in an effort to survive. Gannett and GateHouse Media are in advanced talks to merge, according to the Wall Street Journal, which cited confidential sources. The deal would combine […]