Gannett Co. is slashing the dividend on its stock for the first time in its history as the largest U.S. newspaper publisher finally succumbs to the financial squeeze that has triggered similar moves by its cash-strapped brethren. |
Gannett Slashes Dividend 90 Pct, Saving $325MQuicklink Submitted By Margaret Bassett No comments
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Gannett Co. is slashing the dividend on its stock for the first time in its history as the largest U.S. newspaper publisher finally succumbs to the financial squeeze that has triggered similar moves by its cash-strapped brethren. |
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