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Gannett Acquires Journal Media Group for $280M

Media giant Gannett is set to buy Journal Media Group for $280 million. Gannett, already the country’s largest newspaper publisher, will add 15 daily papers and 18 weeklies to its portfolio with the acquisition. The deal will add $450 million in revenue annually. http://www.thewrap.com/gannett-to-buy-journal-media-group-for-280-million/

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