(Reuters) - The West Virginia daily newspaper has a daily circulation of about 28,000 and a Sunday circulation of about 33,000, Champion said. The transaction is expected to close during the fourth quarter, Champion said. The company plans to finance the acquisition with debt.
Champion closed up 7 cents, or 1 percent, to $7.15 on the Nasdaq stock market. GateHouse fell 53 cents, or 2.8 percent, to close at $18.57 on the New York Stock Exchange.
Read more at Reuters.com Bonds News
Champion closed up 7 cents, or 1 percent, to $7.15 on the Nasdaq stock market. GateHouse fell 53 cents, or 2.8 percent, to close at $18.57 on the New York Stock Exchange.
Read more at Reuters.com Bonds News
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