Gannett Buys Online Marketing Company ReachLocal

USA Today: Gannett said Monday that it had reached an agreement to acquire online local marketing firm ReachLocal for about $156 million. “The acquisition of ReachLocal accelerates Gannett’s digital growth strategy, adding more than $320 million of annual digital revenue, the best digital marketing solutions technology in the market, and an outstanding and well-respected management team to Gannett’s digital business.”