Gannett may sell UK unit Newsquest: paper
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U.S. media company Gannett Co. Inc.  is set to review its British newspaper unit, Newsquest, a move that could lead to its disposal for up to 1.5 billion pounds ($2.9 billion), the Sunday Express newspaper reported.
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Reuters journalists in Britain are considering a strike in protest at a cut in the editorial budget that staff fear may lead to up to 250 job losses in the news division, media reports said.
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Gannett Co., the country&#39;s largest newspaper publisher with some 100 US dailies including flagship USA Today, said Tuesday that third-quarter earnings fell a penny short of Wall Street expectations due to storm-related expenses and higher newsprint costs.
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USA Today publisher Gannett Co Inc  said on Thursday that the president of its newspaper division  will retire in late May.
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Gannett Co. (NYSE:GCI) , the largest newspaper publisher in the country and owner of USA Today, reported increased profits from the second quarter on Wednesday on the sale of several newspapers. Excluding the gain, earnings fell on weaker advertising.
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News Corp. said yesterday it may change its constitution to appease Australian investors still undecided about its proposed move to the United States.
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The US suitor of Virgin Media may change the firm's  name if its Â£5.5bn bid is successful, a report says.
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Tribune Co.  has called off its  agreement to sell two of its daily newspapers in Connecticut to  Gannett Co. Inc.  after an arbitrator ruled the sale of  one of the papers would violate a union contract.
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By Reuters. The Gannett Company yesterday reported an 11 percent jump in quarterly net profit on advertising sales gains at its newspapers and broadcast television stations.
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General Electric Co. and Pearson Plc may challenge News Corp.'s $5 billion bid for Dow Jones & Co., with a plan that could let Dow Jones's controlling Bancroft family keep an interest in the company, the Financial Times and Wall Street Journal reported on their Web sites on Sunday.
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A media executive who helped purchase the Philadelphia Inquirer and the Philadelphia Daily News last year could be interested in joining a group to acquire Dow Jones & Co. , the Wall Street Journal reported on Wednesday.
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Gannett Co. Inc. , the largest  U.S. newspaper publisher, on Wednesday reported an 8.3 percent  drop in its quarterly profit due to a weak advertising  environment and higher newsprint costs.
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Federal antitrust enforcers are investigating plans by Gannett Co., the nation's largest newspaper company, to acquire a publisher of community newspapers in the Midwest, a Department of Justice official said Monday.
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Newspaper publisher Gannett Co Inc.  GCI.N will need to see advertising demand pick up for its  fourth-quarter earnings to meet average Wall Street estimates,  its Chief Financial Officer said on Wednesday.
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U.S. investment firm General Atlantic Partners and other venture capital firms are in talks with Britain's Northgate Information Solutions Plc  over a possible takeover that could be worth more than 600 million pounds ($1.13 billion), a newspaper reported on Thursday.
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Business & money: Cable company says it has received a takeover bid and is considering potential sale.
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Acquiring the publisher of the Wall  Street Journal might appear to run against Pearson Plc&#39;s   current strategy of focusing on education, but a deal  could mean the eventual sale of its Financial Times newspaper.