Gannett’s Official Press Release About Spinning Off Publishing Business — Including USA Today — and Purchasing the Part of Cars.com It Doesn’t Already Own
FOR IMMEDIATE RELEASE 08/05/2014 GANNETT TO CREATE TWO INDUSTRY-LEADING COMPANIES WITH SCALE THROUGH SPIN-OFF OF PUBLISHING BUSINESS TO GANNETT SHAREHOLDERS WILL ALSO ACCELERATE GROWTH OF DIGITAL PORTFOLIO WITH $1.8 BILLION ACQUISITION OF REMAINING 73% INTEREST IN CARS.COM McLean, VA, August…