M&As, New Appointments and Awards Buoy Media and Advertising - Research Report on Lamar Advertising, Belo, LIN Media, Gannett and Scripps
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NEW YORK, June 18, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Lamar Advertising Co. (NASDAQ: LAMR), Belo Corp. (NYSE: BLC), LIN TV Corp. (NYSE: TVL), Gannett Co., Inc. (NYSE: GCI) and The E.W. Scripps Company (NYSE: SSP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Lamar Advertising Co. Research Report
On June 12, 2013, Lamar Advertising Co. (Lamar Advertising) announced that Architectural Record awarded its headquarters with the 2013 Good Design is Good Business award. Eskew+Dumez+Ripple (EDR) designed Lamar Advertising's corporate headquarters in Baton Rouge, Louisiana. "It's not important for us to brag, but rather to create a space that makes our employees feel welcome," Lamar Advertising's CEO Sean Reilly said. Lamar Advertising reported that the three-story, 115,000-square-foot building, which opened in March 2012, includes a large training room, open-plan workstations, a ground-floor cafeteria, and an outdoor patio shaded by oak trees. It stated that the company has saved 30% on construction costs by renovating the existing building instead of demolishing it and building a new one. The Company further estimates that since moving in, employee collaboration has jumped 25%. "It gets us together more often and in different ways, and you never know where the conversation will go," Reilly added. The Full Research Report on Lamar Advertising Co - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/da6b_LAMR]
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Belo Corp. Research Report
On June 13, 2013, Belo Corp. (Belo) announced that its KMOV was once again recognized by Radio Television Digital News Association (RTDNA) as a premier news operation. KMOV was awarded two National Edward R. Murrow Awards, making it the third straight year for KMOV's investigative reporter Craig Cheatham and iTeam photographer Jim Thomas to receive this national award. The KMOV winners include the Documentary "War Zone: The Destruction of an All-American City", and Reporting: Hard News "Cahokia School Junket." The documentary was also a finalist at the Scripps Howard National Journalism Awards. The Full Research Report on Belo Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/c2d1_BLC]
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LIN TV Corp. Research Report
On June 13, 2013, LIN TV Corp. (LIN Media) announced that Rene LaSpina has been named as the President and General Manager (effective immediately) of WIVB-TV and WNLO-TV in Buffalo, New York. Ms. LaSpina will provide strategic direction, leadership and operational management for WIVB-TV and WNLO-TV and report to Jay Howell, LIN Media's Regional Vice President Television. Commenting on the appointment, Mr. Howell said, "René is a highly strategic and driven broadcast executive that brings an impressive range of sales and local news experience to this position. She also has a genuine, heartfelt commitment to meeting the needs of our viewers and advertisers. We are pleased that she is stepping into the leadership role at WIVB-TV and WNLO-TV." Ms. LaSpina was the former Vice President and General Manager of WPTY-TV, WLMT-TV and WJKT-TV in Memphis, Tennessee. Prior to that, she managed television stations in Albany-Schenectady-Troy, New York, Minneapolis-Saint Paul, Minnesota and Wilkes-Barre-Scranton, Pennsylvania. The Full Research Report on LIN TV Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/5151_TVL]
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Gannett Co., Inc. Research Report
On June 13, 2013, Gannett Co., Inc. (Gannett), together with Belo Corp. (Belo) announced that they have entered into a definitive merger agreement wherein Gannett will acquire all outstanding shares of Belo for $13.75 per share in cash, or approximately $1.5 billion, along with the assumption of $715 million in existing debt for an enterprise value of almost $2.2 billion. Gracia Martore, Gannett's President and CEO, said, "We are thrilled to bring together two highly respected media companies with rich histories of award-winning journalism, operational excellence and strong brand leadership. We have been successfully transforming Gannett into a diversified multi-media company with broadcast, digital and publishing components across high-growth markets nationwide, and this is another important step in the process. It will significantly improve our cash flow and financial strength, enabling us to quickly pay down debt while remaining committed to disciplined capital allocation." The transaction was unanimously approved by both companies' board of directors. The Full Research Report on Gannett Co., Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/c25d_GCI]
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The E.W. Scripps Company Research Report
On June 7, 2013, The E. W. Scripps Company (Scripps) announced the retirement of Phil Lewis, effective July 1, 2013, after serving 35 years in the newsroom. The company stated that Lewis' career with Scripps included more than 15 years as editor at the Naples Daily News, southwest Florida's most decorated newsroom. Dave Neill, regional publisher of the Naples Daily News, commented, "During Phil's tenure, he was a leader during many transformations in our newsroom and across the industry. He was here when we started our first Sunday paper and for our entrance into the digital world. His work ensured journalistic integrity across our many platforms. Phil is a respected leader in the community, and that position has helped the Daily News to become an even greater contributor to the vibrancy of the Naples community." Lewis, 60, began his journalism career in Washington Court House, Ohio, as sports editor and city editor of the Record-Herald. The Full Research Report on The E.W. Scripps Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/559a_SSP]
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SOURCE Wall Street Reports
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