Three of the nation's largest newspaper holding groups--Gannett, McClatchy, and the Tribune Co.--have redistributed their stakes in a major online job classifieds network, CareerBuilder.com, as well
as comparison shopping site ShopLocal.com and news aggregator Topix.net. Gannett and Tribune will now both own 42.5 percent of CareerBuilder and ShopLocal and 31.9 percent of Topix.net, with McClatchy
receiving $310 million for the part of its stakes transferred to the first two companies. McClatchy will retain a 15 percent stake in CareerBuilder and ShopLocal, and an 11.25 percent stake in
Topix.net. The deal values CareerBuilder.com at about $1.5 billion, ShopLocal.com at $85 million and Topix.net at $72 million.
--Erik Sass