Gannett Co., Belo Corp.

(January 2, 2014) -- The Justice Department has approved Gannett Company’s $2.2 billion acquisition of Belo Corp., contingent upon the sale of KMOV-TV, a CBS affiliate in St. Louis that Belo owns. The Department had charged that without the required divestiture, Gannett would gain a dominant position in broadcast television spot advertising in the St. Louis area....

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