Gannett Increases Stake in CareerBuilder

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NEW YORK Gannett has increased its investment in CareerBuilder, acquiring an additional 10 percent stake from Tribune for $135 million.

The deal gives Gannett a 50.8 percent controlling interest in the nation’s largest online job Web site. Tribune is left with 30.8 percent.

Other companies with an interest in the site include The McClatchy Co. (14.4 percent) and Microsoft (4 percent).

Under the terms of the new ownership agreement, Gannett has three seats on the six-set board of directors.

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