Gannett to buy Newsquest of U.K. for 1.38 billion euros

Article Abstract:

US-based Gannett Co. announced that it will purchase Newsquest PLC for 904 million pound sterling (1.38 billion euros). The move represents Gannett's expansion into the Europe's rapidly-consolidating publishing industry. Newsquest is the largest publisher of regional newspapers in the UK. Gannett will be acquiring Newsquest through its subsidiary, Gannett UK Ltd. Gannett is considering whether or not to assume or retire Newsquest's debts, which are worth 80 million pound sterling.

Comment:

Gannett to purchase Newsquest for 904 million pound sterling (1.38 billion euros)

Newspapers, Newspaper Publishers, Finance, Newspaper publishing, Abstract, Newsquest Media Group Ltd., Gannett Company Inc.

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Thomson's $17.2 billion pact for Reuters to face reviews

Article Abstract:

Thomson Corp. has announced it will purchase Reuters Group PLC in a cash-and-stock deal totaling $17.2 bil. Since the companies are currently the world's second- and third-largest financial news and information providers, the deal will require antitrust clearance from European Union and U.S. regulators.

Strategy & planning, PRINTING AND PUBLISHING, Publishing, Publishing Industries, Printing & Publishing, Publishing industry, Planning, Canada, Company acquisition/merger, Thomson Corp., Company business planning, TOC, RTR

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Reuters buys stake in Bridge, focusing on growth in U.S

Article Abstract:

Reuters Group PLC will acquire some of Bridge Information Systems Inc.'s assets. Reuters will pay $275 million (309.6 million euros) for the assets, such as Bridge Information Systems in North America and Bridge Trading Technologies.

Financial News Vendors, On-Line Information Services, Information retrieval services, Database industry, Financial services industry, Financial services, Financial news services, Bridge Information Systems Inc.

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