Who'll buy Gannett?

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.

 

This is a d_b.

 

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

 

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

 

Good point.

 

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

 

Fair enough. What's your prediction?

 

Thanks, Doc ...more proof I'm a qualified idiot?

 

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.

 

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.

 

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 ..