Poughkeepsie Journal & Gannett Are Buyout Target

(New York, NY)  --  The company that owns the Daily Freeman in Kingston wants to purchase the company that owns the Poughkeepsie Journal.  

The newspaper chain MNG wants to buy media giant Gannett for just over one-point-three billion dollars. Gannett is the biggest newspaper publisher in the country. Its holdings include USA Today, and local papers in Poughkeepsie, Detroit, Indianapolis, Phoenix, Cincinnati, and Milwaukee.

MNG, which is better known as Digital First Media, already owns a seven and-a-half percent stake in Gannett. It publishes dozens of papers, including the Daily Freeman, Boston Herald, Denver Post, San Jose Mercury News, and the Salt Lake Tribune.


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