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Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Gannett's Loss expands as a drop in advertising revenue, turnover

Gannett's Loss expands as a drop in advertising revenue, turnover



Gannett Co., which encountered a takeover bid, reported a larger loss in the last quarter as advertisers continued to abandon the print media and lower sales revenue. Digital First Media, having offered to buy Gannett for $ 12 per share, evaluating the publisher at $ 1.36 billion after creating a stake in the company.

Gannett …


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