A PYMNTS Company

US: DOJ wants more information on CA sale

By  |  November 22, 2015

The US Justice Department has requested more information including documents from Gannett Co. Inc. and Journal Media Group Inc. about Gannett’s proposed acquisition of the newspaper chain that includes the Memphis Commercial Appeal.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Both companies announced the second request for information Friday, Nov. 20.

    The transaction, announced in October, is subject to antitrust clearance by the Justice Department. And Journal Media shareholders must also approve the sale before the deal can close.

    The two companies expect to close the transaction in the first quarter of 2016.

    Full content: Business Wire

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.