Monday, November 13, 2006

Tribune's TV stations could be appealing

So might its stake in CareerBuilder. But as word surfaces that Gannett is talking to Tribune, it seems less likely that GCI would bid on the company's 11 newspapers, other than a few small ones in Connecticut. Its 25 TV stations might be another story.

The Wall Street Journal has the story. The Los Angeles Times carries the Chicago Tribune's story.

The Tribune, quoting two sources it did not identify, said GCI is interested in the chain's newspapers; the story, oddly, doesn't say anything about TV stations. "The sources noted that the Tribune sell-off was in its early stages and that Gannett had participated in newspaper auctions before without pulling the trigger. Most recently, Gannett expressed formal interest in Knight Ridder Inc. before eventually backing away," the story says.

Yes: Backing away.

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