M&A Deal Summary

Gannett Acquires Hesperia Star

On February 28, 2014, Gannett acquired media company Hesperia Star

Acquisition Highlights
  • This is Gannett’s 1st transaction in the Media sector.
  • This is Gannett’s 1st transaction in the United States.
  • This is Gannett’s 1st transaction in California.

M&A Deal Summary

Date 2014-02-28
Target Hesperia Star
Sector Media
Buyer(s) Gannett
Deal Type Add-on Acquisition

Target

Hesperia Star

Hesperia, California, United States
website
Hesperia Star is a media based company publishes a weekly newspaper and offers a news in the areas of elections, local activities, local videos, sports, opinions, casinos and education.

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Buyer(S) 1

Buyer

Gannett

McLean, Virginia, United States

website


Category Company
Founded 1997
Sector Publishing
Revenue 3.4B USD (2020)
DESCRIPTION

Gannett is a subscription-led and digitally focused media and marketing solutions company committed to empowering communities to thrive. With unmatched reach at the national and local level, Gannett touches the lives of millions with its Pulitzer-Prize winning content consumer experiences and benefits, and advertiser products and services. The company's portfolio includes the USA TODAY, local media organizations in 46 states in the U.S., and Newsquest, a wholly-owned subsidiary with over 120 local media brands operating in the United Kingdom. Gannett also owns the digital marketing services companies ReachLocal, Inc., UpCurve, Inc., and WordStream, Inc. and runs the largest media-owned events business in the U.S., USA TODAY NETWORK Ventures. Gannett was founded in 1997 and is headquartered in McLean, Virginia.


DEAL STATS #
Overall 1 of 16
Sector (Media) 1 of 7
Type (Add-on Acquisition) 1 of 10
State (California) 1 of 1
Country (United States) 1 of 16
Year (2014) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-20 GateHouse Media

Fairport, New York, United States

GateHouse Media, Inc. is one of the nation’s largest local media companies as measured by its daily publications.

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