Ventura County Star parent to be acquired in newspaper merger

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Ventura County Star parent to be acquired in newspaper merger

By Bloomberg News / Monday, August 5th, 2019 / Comments Off on Ventura County Star parent to be acquired in newspaper merger

By Gerry Smith New Media Investment Group agreed Aug. 5 to acquire Gannett in a $1.38 billion deal that unites the two biggest U.S. daily newspaper chains in an industry that’s consolidating to survive. The merged entity will be a local news giant that owns more than one-sixth of all daily newspapers in the country,…

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