×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

BtoB

Gannett gains controlling stake in CareerBuilder

Published on .

McLean, Va.—Gannett Co. announced that it has acquired an additional 10% stake in CareerBuilder from Tribune Co. for $135 million. The acquisition gives Gannett a 50.8% controlling interest in the online job site. Tribune now owns 30.8% of CareerBuilder. McClatchy Co. owns 14.4%, and Microsoft Corp., 4%.

“CareerBuilder is a terrific company, with great growth potential that just keeps delivering more for Gannett and our partners,” Craig Dubow, Gannett’s chairman, president and CEO, said in a statement.

Most Popular
In this article: