Gannett deal: Cars.com valued at $2.5B by Sharon Hill in Automotive 05 Aug 2014 Gannett Co., which owned 27 percent of Classified Ventures, is buying out the other media group members of that one-time great classifieds consortium to take full control of Cars.com in a deal that valued the auto site at $2.5 billion. By contrast, AutoTrader Group was valued at $7 billion in January when Cox Enterprises bought out the 25 percent stake owned by Providence Equity Partners. Ga This article is only available to AIM Group clients. Please subscribe now or log in to view. Share Financial results Sharon Hill Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.