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Report: GateHouse Media in talks to buy Gannett

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GateHouse Media reportedly is in talks to buy Gannett, the owner of such publications as USA Today and the Springfield News-Leader.

Controlled by Softbank’s Fortress Investment Group, GateHouse made a cash-and-stock bid to buy Gannett.

If a deal is completed, the combined company would own one in every six U.S. newspapers.

Read more from the Financial Times.

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