Posted on August 15, 2007 by Richard Beddard
Filed Under Companies, Investing |
Rules, perhaps, that any business-minded investor should aspire to, and Gannett’s acquisition strategy as enunciated in a tribute to its former CEO, and Gannett lifer, Douglas H. McCorkindale in the company’s 2006 annual report. Gannett is, publisher of USA Today and countless regional newspapers and websites in the US and the UK. Although none of the big US newspaper publishers set the S&P alight in recent decades, and we hear so much about Dow Jones, The Washington Post, and The New York Times, judging by the chart it was Gannett on top the whole time.
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