UPDATED
As a N.Y. Times columnist writes, you could have done so yesterday, at a bargain price:
We might point out that Gatehouse paid $1.1 Billion for Gannett.
(For a refresher on the difference between a Million, a Billion and a Trillion Dollars...here's an excellent visualization. It also shows how big the just-passed $2 Trillion Dollar stimulus plan is.)
As a N.Y. Times columnist writes, you could have done so yesterday, at a bargain price:
"You could, this Sunday, purchase Gannett, the biggest newspaper chain in the country, for a mere $261 million — about a quarter of what Michael R. Bloomberg spent on his presidential campaign."(Ben Smith in the Sunday Times)
We might point out that Gatehouse paid $1.1 Billion for Gannett.
(For a refresher on the difference between a Million, a Billion and a Trillion Dollars...here's an excellent visualization. It also shows how big the just-passed $2 Trillion Dollar stimulus plan is.)
UPDATE: One of the largest newspaper companies in America on Monday announced massive furloughs and pay cuts across the company due to plummeting advertising revenue in the wake of coronavirus pandemic.(Source, a story in The Daily Beast )
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