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Who'll buy Gannett?

Discussion in 'Anything goes' started by pressmurphy, Aug 10, 2007.

  1. pressmurphy

    pressmurphy Member

    The Wall Street Journal reported Thursday that Gannett is amending governance rules in a way consistent with preparations to be sold. Make your picks for a buyer, date and price per share.

    I say Yahoo! bids $61/share on Sept. 16, 2007.
  2. Diabeetus

    Diabeetus Active Member

    This is a d_b.
  3. Riddick

    Riddick Active Member

    I love newbies who post threads that are already posted elsewhere.
  4. pressmurphy

    pressmurphy Member

    Sorry, I thought the prediction aspect would be appropriate on its own. The other thread has already deteriorated into allegedly witty comments.
  5. Chi City 81

    Chi City 81 Guest

    Good point.
  6. slappy4428

    slappy4428 Active Member

    Sometimes it isn't even a newBie whO dOes iT, See?
  7. Diabeetus

    Diabeetus Active Member

    Fair enough. What's your prediction?
  8. Chi City 81

    Chi City 81 Guest

  9. Diabeetus

    Diabeetus Active Member

    Thanks, Doc ;) ...more proof I'm a qualified idiot?
  10. JayFarrar

    JayFarrar Well-Known Member

    Yahoo! makes sense, they have been doing some things that indicate they want a brand to go with all the talent.
    I could see a USA Today, powered by yahoo! marketing campaign.
    Wouldn't be shocked to see private equity make a bid, then turn around and sell off chunks.
    I was wondering about Google, they could get a national network for google ads. Plus google seems to be thinking about things differently.
  11. pressmurphy

    pressmurphy Member

    I see it as a desperation play for Yahoo. They already have a lot of newspapers signed up for their ad network, but Gannett's 90-plus papers remain a major gap. Bring Gannett into the fold, and you have an online network to challenge Google plus a tremendous print footprint for selling. Agencies that previously had to make five or six calls to place a national campaign could do it with one call.

    Yahoo is down to it's final 12-18 months if it can't stop the Google-induced bleeding.
  12. Wow, an online company like Yahoo or Google buying the largest newspaper chain is an interesting thought.

    Either way, I'd say it's likely at least a third is sold off to other companies.

    But Jeez, this is the first I heard of this. Can't imagine the end of Gannett. And while I want to celebrate at the thought of it I'm sure it would have some negative impact on the industry that I just can't seem to think of.

    Shit, I'd love to work for Google. They feed their employees for free ..
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