DOJ asks for more information about Gannett-Belo deal

August 23, 2013
Category: Uncategorized

Gannett

Gannett and Belo “received requests yesterday for additional information and documents” from the Department of Justice, Gannett says in a press release. Gannett announced in June it would buy Belo for $1.5 billion, nearly doubling the number of TV stations it owns.

This so-called “Second Request” is a “standard part of the DOJ review process,” Gannett says, adding that it still expects to close the deal by the end of 2013.

Some petitioners filed requests with the FCC opposing the deal; the Department of Justice recently filed a motion to block a proposed merger between American Airlines and US Airways.