A.H. Belo and others agree to sell their shares in CV to Gannett
A.H. Belo said Tuesday that it and its partners in Classified Ventures have agreed to sell their stakes in that company to Gannett Co. for $2.5 billion. A joint venture of five media companies, which include The McClatchy Company, Tribune Media Company and Graham Holdings Company, Classified Ventures is the owner of online car shopping website Cars.com. Moelis was the financial advisor on the deal, which is expected to close before the end of the year.
5 August 2014•3 mins read
