Elizabeth Green was musing the other day about buying 261 newspapers.
You could, this Sunday, purchase Gannett, the biggest newspaper chain in the country, for a mere $261 million—about a quarter of what Michael R. Bloomberg spent on his presidential campaign.
And Ms. Green, a founder of the nonprofit education news organization Chalkbeat, is one of the few people who may be able to raise the money to pull off a deal like that.
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