Business & Real Estate

August 5, 2014 12:02 PM

McClatchy gets $640 million payout for website in whirlwind day for newspaper companies

In a whirlwind day for the newspaper industry, The McClatchy Co. and its partners made a blockbuster deal to sell a car-buying website to Gannett Co. Inc., which also announced it would spin off its print operations into a separate company.

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