By: E&P Staff In this edition, Editor-at-Large Mark Fitzgerald and Senior Editor Jennifer Saba discuss recent mergers-and-acquisition activity, and how smaller community papers are being snapped up at multiples as high as 10 and 11 times cash flow. While larger-market dailies can?t seem to catch anybody?s eye, at least stateside, Europeans are supposedly taking an interest thanks to the weak U.S. dollar and cheap newspaper stock.
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