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Gannett's Loss Widens as Ad, Circulation Revenue



Gannett Co., which deviates from a takeover bid, reported a major loss for its last quarter as advertisers continued to turn away from print media and revenue declined.

Last month, MNG Enterprises Inc., better known as Digital First Media, offered to buy Gannett for $ 12 a share-valued publisher of $ 1.36 billion – after building up a stake in the company.

Gannett …


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