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Thursday, May 22, 2014

CORRECTED-Deals of the day- Mergers and acquisitions, (NYSE: GCI)

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Gannett Co Inc, one of the newspaper owners of Cars.com, is exploring a bid for all of the auto sales website and has discussed teaming up with private equity firms in a deal that could reach $3 billion, people familiar with the matter said.

Gannett Co., Inc. is an international media and marketing solutions company, delivering content and services across an integrated, multiplatform portfolio. Shares of GCI traded higher by 0.47% or $0.13/share to $27.73. In the past year, the shares have traded as low as $19.72 and as high as $30.43. On average, 2089160 shares of GCI exchange hands on a given day and today's volume is recorded at 1180668.



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