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Gannett Acquires Majority Stake in CareerBuilder

Authored by Mark Hefflinger on September 3, 2008 - 8:17am.
McLean, Va. - Gannett (NYSE: GCI), the publisher of USA Today and 84 other daily newspapers, said on Wednesday that it has paid $135 million to Tribune for an additional 10% stake in CareerBuilder, giving the company a controlling interest in the country's largest online job site. Gannett now owns 50.8% of CareerBuilder.
tags: Newspapers | Gannett | Publishing | Deals. Acquisitions | CareerBuilder |