No Gannett buyout on tap

Internet bloggers jumped to conclusions last week by reading a lot more into a routine SEC filing by Gannett than was really there. The filing dealt with revisions to management compensation in the event of a change of control of the company. That had the Internet buzzing with speculation that a leveraged buyout was in the works. But CEO Craig Dubow sent employees a memo Friday declaring that the bloggers were off base and the company is not preparing for a sale.

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