Atlanta Business Chronicle: Three years after buying Atlanta-based BLiNQ Media for a reported $40 million, Gannett has abruptly shut down the company. BLiNQ, part of G/O Digital, a Gannett company, provides real-time, local social marketing. BLiNQ’s remaining roughly 30 employees were informed of the shutdown at an abruptly called meeting May 27, where they were offered severance packages, according to a source. Employees were told BliNQ no longer fits the parent company’s future growth strategy. BLiNQ’s fate is not uncommon. Startups acquired by publicly traded companies are often integrated into the other offices, or permanently shut down after the acquired company’s value has been extracted.