From the new 10-Q report, filed today with the U.S. Securities and Exchange Commission (emphasis added):
"Cash flows used in the company’s investing activities totaled $16 million for the three months of 2010, reflecting $9 million of capital spending, $15 million of payments for certain digital business acquisitions, and $3 million for investments."
Did I miss an earlier announcement about the purchase of digital companies? Please post your replies in the comments section, below. To e-mail confidentially, write jimhopkins[at]gmail[dot-com]; see Tipsters Anonymous Policy in the rail, upper right.
Tuesday, May 04, 2010
5 comments:
Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."
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Another dividend payment to Saridakis?
ReplyDeleteThis is for the new platform that Content One is purchasing.
ReplyDeleteWhich platform? Is this the pending USCP website relaunch? Does it have anything to do with CCI NewsGate?
ReplyDeleteYes. Mark Morneau is buying it along with Tara Connell and all newsrooms will adopt it by the end of the year.
ReplyDeleteramping up for the big real estate product
ReplyDelete