Hearst To Acquire the Austin American-Statesman
Hearst, a leading global diversified information, services and media company, today announced an agreement to acquire the Austin American-Statesman from Gannett Co., Inc.. The announcement was made by Hearst President and CEO Steven R. Swartz, and Gannett Chairman and CEO Mike Reed. Terms were not disclosed, and the transaction is expected to close in Q1. The Austin American-Statesman — …