Straying farther from its core new business, Gannett Co. is reportedly ready to buy Cars.com in its entirety for $1.8 billion. The deal values the whole [auto-sales] business at about $2.5
billion,” Bloomberg reports, citing sources. The
USA Today publisher already owns about 27% of the ecommerce giant. “As part of the deal, the four owners other than Gannett will
have five-year agreements with Cars.com in which they will continue to sell advertising in their respective regions.”
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