The Department of Justice asked Gannett and Belo for more information about Gannett's $1.5 billion purchase of Belo, the companies said Friday.
Announced in June, the merger would double Gannett's TV station portfolio and create the nation's fourth largest owner of "big four" network affiliates.
Gannett played down the DOJ's second request as a "standard part of the DOJ review process" and reiterated that the company expects to close the transaction by the end of the year.
Still, a second request can soak up a lot of time.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in