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Last updated on April 17, 2014 at 21:23 EDT

Latest Belo Corp. Stories

2014-01-13 12:26:10

Experienced Exec Oversaw Operations For Belo Corp. CHICAGO, Jan. 13, 2014 /PRNewswire/ -- Tribune today announced the appointment of Kathy Clements as Chief Operating Officer for its broadcasting division, effective immediately. She joins Lynda King, who was appointed last week to a similar position with the division. Like King, Clements will report to Larry Wert, Tribune's President/Broadcast Media, and will assist him in overseeing the operation of the company's portfolio of 42...

2013-12-23 12:23:32

Transaction Accelerates Gannett's Ongoing Transformation Into Higher-Margin Diversified Multi-Media Company MCLEAN, Va., Dec. 23, 2013 /PRNewswire/ -- Gannett Co., Inc. (NYSE: GCI) announced today that it has completed its previously announced acquisition of Belo Corp. for $13.75 per share in cash, in addition to the assumption of $715 million of outstanding debt, for a total transaction value of $2.2 billion. The combination with Belo nearly doubles Gannett's broadcast portfolio...

2013-12-20 16:23:38

Gannett's Acquisition of Belo to Close Promptly MCLEAN, Va. and DALLAS, Dec. 20, 2013 /PRNewswire/ -- Gannett Co., Inc. (NYSE: GCI) and Belo Corp. (NYSE: BLC) announced today that the Federal Communications Commission granted approval for Gannett's acquisition of Belo. All regulatory approvals for the transaction have been received. Closing is expected early next week upon completion of remaining customary closing conditions. About Gannett Gannett Co., Inc. (NYSE: GCI) is an...

2013-12-16 16:24:20

Belo's KMOV-TV in St. Louis to be Divested Pursuant to Consent Decree with DOJ MCLEAN, Va. and DALLAS, Dec. 16, 2013 /PRNewswire/ -- Gannett Co., Inc. (NYSE: GCI) and Belo Corp. (NYSE: BLC) announced today that they have reached an agreement with the U.S. Department of Justice ("DOJ") that should enable the companies to complete the previously announced acquisition of Belo in 2013. The Belo transaction remains subject to approval by the Federal Communications Commission and other...

2013-10-31 08:29:11

DALLAS, Oct. 31, 2013 /PRNewswire/ -- Television company Belo Corp. (NYSE: BLC) today reported net earnings per share of $0.18 in the third quarter of 2013 compared to net earnings per share of $0.24 in the third quarter of 2012. The third quarter of 2013 includes costs, net of tax, associated with the Company's previously announced and pending merger with Gannett Co., Inc. of $2.1 million, or $0.02 per share. Closing of the merger, which was approved by the Company's shareholders...

2013-10-10 12:26:58

DALLAS, Oct. 10, 2013 /PRNewswire/ -- Television company Belo Corp. (NYSE: BLC) said today that it will issue a news release regarding its third quarter 2013 earnings on Thursday, October 31, 2013, at 7:30 a.m. Central Daylight Time. On June 13, 2013, Gannett Co., Inc. (NYSE: GCI) and Belo jointly announced that they entered into a definitive merger agreement under which Gannett will acquire all outstanding shares of Belo for $13.75 per share in cash, or approximately $1.5 billion,...

2013-09-26 16:25:27

DALLAS, Sept. 26, 2013 /PRNewswire/ -- Television company Belo Corp. (NYSE: BLC) announced today that its Board of Directors declared a quarterly cash dividend for the fourth quarter of 2013 of $0.08 for each outstanding share of Series A common stock and Series B common stock to be paid December 6, 2013, to shareholders of record on October 15, 2013. About Belo Corp.Television company Belo Corp. (NYSE: BLC) owns and operates 20 television stations (nine in the top 25 markets) and...

2013-09-26 12:25:02

MCLEAN, Va., Sept. 26, 2013 /PRNewswire/ -- Gannett Co., Inc. (NYSE: GCI) President and Chief Executive Officer Gracia Martore today provided an update on Gannett's progress in executing the company's strategic growth plan at the Goldman Sachs Communacopia Conference. "Gannett has made tremendous progress on its transformation plan since it was launched in February of last year, and we remain relentlessly focused on its successful execution over the long term," said Martore. "In fact, in...

2013-09-25 12:25:25

DALLAS, Sept. 25, 2013 /PRNewswire/ -- Television company Belo Corp. (NYSE: BLC) held a special meeting of shareholders this morning at which shareholders voted in favor of the proposal to approve and adopt the merger agreement with Gannett Co., Inc. (NYSE: GCI), along with two other related proposals. The transaction is subject to certain regulatory approvals and other customary closing conditions. The Company expects the transaction to close by the end of 2013. About Belo...

2013-09-05 12:25:24

DALLAS, Sept. 5, 2013 /PRNewswire/ -- Belo Corp. (NYSE: BLC) today announced full support of TVB's position on local Live Plus Same Day ("L+SD") ratings data. As demonstrated in the final 2012/2013 TV season data and most recently in the June and July data (as reported by Nielsen), local L+SD ratings most closely approximate today's national C3 data, and should be the minimum ratings standard for local television viewing. "For an industry that is eager to capture all the...