peter m. zollman

Activist investor targets Gannett board

Activist investor Carl Icahn — fresh from a victory at EBay, where he forced the company to split itself into two and just signed a shareholder agreement — now has Gannett in his sights. He’s starting a proxy battle to put two of his representatives on the board at Gannett Co. Inc., which has already announced plans to split itself into two. The Gannett fight is being well-covered...

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Gannett cuts 32 additional employees, marketing at Cars.com, as revenues soar

Revenue at Cars.com will soar in 2015 — but the company will be smaller anyway. They’re called “staffing adjustments” in Gannett-speak, but tell that to the 32 people who got laid off last week in the days before Christmas and New Year’s. They’re still “adjusted” to the unemployment line. Gannett’s going to be charging its newspaper affiliates about three times as much as...

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Jauernig out; Vetter to head Cars.com

We were waiting for the other shoe to drop at Cars.com, and now it has: Dan Jauernig is leaving, and Alex Vetter will be the new president and CEO. The announcement came just two weeks after Mitch Golub announced he was stepping down as president of Cars.com, and less than six weeks after Gannett — the company’s new owner — took full possession. Jauernig joined the newspaper...

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He’ll ‘be back’ — in Austria? Australia?

Arnold Schwarzenegger is famous for three things: his body-builder days, his terms as ‘Governator’ of Kah-lee-fornya, and his line in Terminator, “I’ll be back.” Now, he’s going for a different kind of famous: The Austrian actor / politician has decided to move back to Austria — at least, so goes the premise — but he gets confused and winds up trying to find a home in...

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Monster, CareerBuilder, Dice challenged to ice-bucket drop for ALS Association

The ALS ice-bucket challenge has spread to the recruitment-site industry, in a most unusual way. Gigats.com, a recruitment site based in Orlando and owned by Softrock, a software and educational-referral company, has challenged Monster Worldwide, CareerBuilder and Dice.com to dump ice-water on the heads of CEOs Sal Iannuzzi, Matt Ferguson and Mike Durney (respectively) or to donate $100 per...

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