Friday, April 10, 2009

Well, this is good

Hey, some good news! From today's Wall Street Journal:

Ariel Investments LLC has more than doubled its holding in Gannett Co. -- to 12.5% -- marking a rare display of confidence in the beleaguered newspaper industry.
Gannett shares leapt 39% on the news, rising $1.06 to $3.75 in 4 p.m. New York Stock Exchange composite trading ...


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