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DOJ files competitive impact statement on settlement requiring Gannett, Belo to divest interests in St. Louis TV station

( December 16, 2013, 23:31 GMT | Official Statement) -- MLex Summary: The US Department of Justice  has filed a competitive impact statement on the proposed settlement it reached with Gannett and Belo over their $2.2 billion merger. Under the terms of the agreement, Gannett, Belo and Sander Media will divest their interests in a CBS affiliate in St. Louis in order to proceed with Gannett’s acquisition of Belo, and Sander’s related acquisition of six Belo television stations.See document below. ...

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