Gannett, HomeTown deal is under review.

From: Detroit Free Press (Detroit, Michigan) (viaKnight-Ridder/Tribune Business News) | Date: January 25, 2005 | Copyright information

Byline: Alejandro Bodipo-Memba

Jan. 25--The U.S. Department of Justice acknowledged Monday it is conducting an anti-trust review of the proposed purchase of HomeTown Communications Network Inc. by Gannett Inc., owner of the Detroit News.

Justice officials said they are looking at the proposed HomeTown transaction as part of their standard review process. Questions about a potential monopoly in the Detroit and Cincinnati media markets have been raised, as the f...

Related newspaper, magazine, and journal articles from HighBeam Research

Gannett-HomeTown deal is under review.
Detroit Free Press (Detroit, MI) ; ... Inc., owner of the Detroit News. Justice officials said they are looking at the proposed HomeTown transaction as part of their standard review process. Questions about ... Street Journal reported the review in Monday's editions. Such ... department spokeswoman said every deal gets ...
Gannett acquires HomeTown newspapers.
Detroit Free Press (Detroit, Michigan) (via Knight-Ridder/Tribune Business News) ; ... including 37 in Michigan, to Gannett Inc., owner of the Detroit News. Financial terms of the deal for HomeTown Communications Network Inc ... and the sale is subject to review by antitrust regulators at ... Department. In a statement, Gannett said Power wanted to retire ... about buying ...
Dizzy in Detroit: the three-way deal shows how much the industry has changed.(THE NEWSPAPER BUSINESS)(Gannett Company Inc., Knight Ridder and MediaNews Group Inc.)
American Journalism Review ; ... when Al Neuharth was head of Gannett, I once asked him if the company ... times have changed. Nowadays, Gannett and other large chains do not ... but you get the idea. The big deal that prompted this rumination ... perhaps $800 million involving Gannett, Knight Ridder and MediaNews ... newspapers to their ...
PROPOSED GANNETT BUY FACES SCRUTINY.(Business)
The Cincinnati Post (Cincinnati, OH) ; ... implications in Greater Cincinnati as Gannett tries to broaden its newspaper ownership throughout the region. Local news executives confirm they have been contacted ... proposed purchase of Livonia, Mich.-based HomeTown Communications, which publishes 26 weekly ... input before Christmas on the pending ...
Q4 2004 Gannett Earnings Conference Call - Final
Fair Disclosure Wire ; ... OPERATOR: Welcome to Gannett's fourth quarter earnings ... GRACIA MARTORE, CFO, GANNETT: --at www.Gannett.com. With me today are ... your mind. As you saw, Gannett earned $1.47 per diluted ... spring announcement, Gannett has secured fixed priced ... cost to debt is just under 3.6 percent ...
Q1 2005 Gannett Earnings Conference Call - Final
Fair Disclosure Wire ; ... service that continuously monitors breaking news from over 10,000 online sources and categorizes daily news content in a number of topics. That's another ... manufacturers. So, we're not hearing any positive news. Keep in mind, and you've followed us long ...
GANNETT MERGER PROBE LIKELY.(Business)
The Cincinnati Post (Cincinnati, OH) ; ... staff reporter The potential combination of Gannett Co., publisher of the Cincinnati Enquirer, and HomeTown Communications, publisher of 26 weekly ... spokesperson declined to say, though, whether the Gannett buyout of HomeTown was in fact being examined. There are 26 ... weeklies in Greater ...
Event Brief of Q4 2004 Gannett Earnings Conference Call - Final
Fair Disclosure Wire ; ... PARTICIPANTS . Gracia Martore, Gannett Co., Inc., SVP & CFO . Douglas McCorkindale, Gannett Co., Inc., Chairman ... S1. GCI's Financial Review (G.M.) 1. Financial ... cost-to-debt is just under 3.6% with commercial ... S2. GCI's Business Review (D.M.) 1. Highlights ... having top rated local ...
Gannett-Owned Stevens Point, Wis., Newspaper Struggles to Regain Local Feel.
Knight Ridder/Tribune Business News ; ... Ridder/Tribune Business News Nov. 25--STEVENS POINT ... Corp. in 1997 and to Gannett Co. Inc. last year ... flavor. There is not a hometown feeling to it anymore ... the state's dailies under local ownership. Today ... nationwide, McLean, Va.-based Gannett, a publicly traded company ... American ...
Rumblings.(HomeTown Communications Inc.)
Crain's Detroit Business ; No challenge yet to HomeTown acquisition As the U.S. Justice Department reviews the planned purchase of HomeTown Communications by Gannett Co. Inc., the deal is so far free of a legal challenge by a major local competitor. Despite rumors ... doesn't plan to. Rice said he has heard of some ...