Rick's Blog

Gannett denies sale

Yesterday the IN Daily News reported (Gannett Selling?)on buzz on the Wall Street Journal that Gannett (owner of the Pensacola News Journal, Bella, Pelican, Home & Garden, Gosport, et al) is preparing to be bought. It caused such a stir that Gannett CEO Craig Dubow responded –“A change in control of Gannett isn’t in the works,” says CEO

“This handful of bloggers made some incorrect assumptions about information in our quarterly filing with the Securities and Exchange Commission. …What we were doing is making routine amendments to our bylaws and compensation plans.

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