Gannett to buy Cars.com, WSJ told
04 Aug 2014
According to unnamed Wall Street Journal sources, Gannett Company, the largest shareholder of Cars.com owner Classified Ventures, is about to close a $1.8 billion deal to acquire the 73 percent of Cars.com it does not already own. The announcement might be made public as soon as Tuesday, sources said.
Cars.com has been owned by Classified Ventures ever since the auto listing site first launc