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acquisition

Gannett Co. Newspaper Group Announces Dismal Earnings

Gannett Acquires Dallas-Based Belo In $2.2 Billion Deal

The media conglomerate Gannett Co. has reached an agreement to buy Belo Corp. for roughly $1.5 billion in cash, the two sides announced on Thursday.

06/13/2013

Yahoo! bought today the popular blogging platform Tumblr for $1.1 billion. (Photo: FRED DUFOUR/AFP/Getty Images)

Yahoo Takes Big Leap With $1.1B Deal For Tumblr

Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.

05/20/2013