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Article: business briefs.(Business)

Article from:
The Virginian-Pilot (Norfolk, VA)
Article date:
November 20, 2004
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HAMPTON ROADS

ACQUISITION: Gannett Co. agreed to buy newspaper group HomeTown Communications Network Inc. from the company's chairman and founder, Philip Power, for an undisclosed amount. HomeTown publishes the Daily Press & Argus in Livingston County, Mich., and 62 weekly and twice-weekly newspapers in Michigan, Ohio and Kentucky. The groups have an overall circulation of more than 740,000. HomeTown also controls community phone directories, shopping guides and Web operations.

IPO UPDATE: Just one initial public offering is planned for next week, according to MCM EquityWatch and other sources: UAP Holding Corp., Greeley, Colo.; 23.4 million shares, priced $15 to 17, ...

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