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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...

Economic Activity 08/06/2019

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

Economic Activity 05/30/2019

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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A DIFFERENT LOOK: A rendering of the second phase of development at the former Metacomet Country Club shows shops and an open-air courtyard running between the buildings.  COURTESY MARSHALL PROPERTIES INC.

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WHAT’S IN STORE? The R.I. Department of Administration has moved more agencies into the state-owned Shepard Building in downtown Providence, which for a century served as a department store. More space has opened in the building because the University of Rhode Island has reduced its presence.  PBN PHOTO/WILLIAM HAMILTON

For now, state adds more tenants to Shepard Building

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COMMITTED: Rhode Island Foundation CEO and President David N. Cicilline says diversity, equity, inclusion and access initiatives will be prioritized in a new five-year action plan.  PBN FILE PHOTO/MICHAEL SALERNO

RIF’s new action plan to prioritize diversity, equity

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A MODERN FARMHOUSE near the Alton Jones Campus of the University of Rhode Island recently sold for $1.6 million, making it the most expensive home sale in the town in 20 years, according to Engel & Volkers who represented the sellers in this transaction. / COURTESY ENGEL & VOLKERS

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