Gannett Buys 6 TV Stations from London Broadcasting
Posted: 5/14/2014  |  By: Roger Yu | USA Today
Gannett, publisher of USA TODAY, said Wednesday it agreed to buy six TV stations from Dallas-based London Broadcasting Company for $215 million in cash, deepening its presence in Texas.  

Once the deal closes, the McLean-based media company will own or operate 46 stations, reflecting the corporate strategy of reducing its dependence on print media.