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AJ CAPITAL PARTNERS is one of two companies in Rhode Island that have filed WARN notices since the arrival of the COVID-19 pandemic. AJ Captial Partners' filing impacted 121 workers at the Graduate Providence hotel. / PBN FILE PHOTO / MARY MACDONALD

R.I. sees mass layoff notices from 2 companies; ProJo parent cuts...

PROVIDENCE – Two companies in Rhode Island have filed notices with the state of Rhode Island that they had laid off a combined 231...
GANNETT CO., the parent company of The Providence Journal, reported a $121.2 million loss for 2019. / PBN FILE PHOTO/ARTISTIC IMAGES

Providence Journal parent posts $121M loss in 2019

PROVIDENCE – Gannett Co., parent company of The Providence Journal and several other local publications, lost $121.2 million for 2019, according to the company...
NEW MEDIA, owner of the Providence Journal, announced that investors of its company and Gannett Co. have both approved a merger deal in which New Media acquires Gannett. PBN PHOTO/ARTISTIC IMAGES

New Media and Gannett expect to close acquisition deal next week

PROVIDENCE – New Media Investment Group Inc. and Gannett Co. shareholders have both approved New Media’s more than $1 billion acquisition of Gannett, the...
Apollo Global Management LLC has agreed to provide nearly $1.8 billion of debt financing to support New Media Investment Group Inc.’s acquisition of Gannett Co. Apollo's move is more in line with behavior of a Wall Street bank than a private equity firm. / BLOOMBERG NEWS FILE PHOTO/JOHN TAGGERT

Apollo takes on Wall Street with massive New Media newspaper loan...

NEW YORK – Apollo Global Management LLC has made its most significant move yet to encroach on a corner of finance long dominated by...
PRINT MERGERS: Gannet has reportedly been in merger talks with GateHouse Media. / PBN FILE PHOTO/BRIAN MCDONALD

Gannett climbs on report of merger talks with Gatehouse Media

NEW YORK – Gannett Co., the publisher that owns USA Today, climbed as much as 9.3% on a report that it held merger talks with...
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