Gannett To Buy TV Station Owner Belo For $2.2 Billion

The deal for $1.5 billion in cash and more than $700 million in Belo debt will nearly double the number of Gannett-owned TV stations, to 43.

Source: http://www.npr.org/blogs/thetwo-way/2013/06/13/191281967/gannett-to-buy-tv-station-owner-belo-for-2-2-billion?ft=1&f=1020

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