Saturday, July 22, 2000

Gannett acquires newspapers for $1.04B

The Associated Press

        Cincinnati Enquirer parent Gannett Co. Inc. Friday completed its purchase of 19 daily newspapers and numerous weekly and niche publications from Thomson Corp. for $1.04 billion.

        Gannett bought eight daily newspapers in Wisconsin, eight in Ohio and dailies in Lafayette, La.; Salisbury, Md., and St. George, Utah.

        Gannett had planned to buy two other Thomson newspapers in Ohio — the Middletown Journal and the Journal News in Hamilton.

        Those papers may be purchased instead by Cox Newspapers, which has exercised its right of first refusal.

        Gannett publishes 93 daily newspapers in the United States, including USA Today.

        Its Ohio acquisitions are the Bucyrus Telegraph-Forum, Chillicothe Gazette, the Coshocton Tribune, Lancaster Eagle-Gazette, Mansfield News Journal, the Marion Star, the Advocate in Newark and the Zanesville Times Recorder.


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- Gannett acquires newspapers for $1.04B
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