Gannett Co. has agreed to buy out the other companies who own a stake in Cars.com for $1.8 billion, "a person familiar with the matter" told Bloomberg News.
Gannet Co. already owns a 27 percent stake of the website, which allows consumers to compare prices and car models and review dealerships, so Cars.com is valued at $2.5 billion, an anonymous source told Bloomberg. The company that owns Cars.com, Classified Ventures, is currently owned by four media companies in addition to Gannett: McClatchy Co.,
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