Conn. papers’ final price: $73 million

The long-rumored deal, finally announced today, is noteworthy if only because it shows GCI hasn’t completely abandoned adding newspapers to its portfolio.

Here’s where I need Gannett Blog readers’ help: By any available metrics — a multiple of revenue or circulation — how does that $73 million compare to other deals? High? Low? About average? With all the talk about McClatchy’s perhaps overpaying for Knight-Ridder, it would be interested to know whether the sale of the The Advocate in Stamford and the Greenwich Time set new benchmarks.


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