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Gannett Disposes of @Captivate Network Inc.

Gannett Co., Inc. (NYSE: GCI) acquired the assets of Captivate Network Inc. [1] back in 2004 but (as always) you heard it hear first, that sometime in the next 24 hours, it will be announced that the network has been sold to a Private Equity firm.

Expect a flurry of CVs to hit the streets (oh wait, they already have) and an official announcement probably later today but definitely no later than 24 hours.

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1 Comment To "Gannett Disposes of @Captivate Network Inc."

#1 Comment By John Dough On 26 September 2013 @ 11:36 @525

One must assume that having nine years with Captivate sharpened their elevator pitch to the buyer.