Gannett Splits Up To Aid Transition To Digital

By | June 24, 2015

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For Gannett, the future is now. On Monday, Gannett (GCI) will change the course of its 109-year-old corporate history when it follows what is by now the media industry pattern of splitting into two distinct companies in hopes of boosting stockholder value. “The separation provides each company with enhanced strategic, operating, financial and regulatory flexibility,” Gannett CEO Gracia Martore said last year in announcing the split. The new Scalper1 News

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