USA TODAY Co. to Acquire The Detroit News

Reuters

Jan 27

USA TODAY Co. to Acquire The Detroit News

USA TODAY Co. has executed a binding letter of intent with MediaNews Group to acquire The Detroit News. Founded in 1873, The Detroit News is an award-winning publication recognized for its strong journalism and digital presence. The Detroit News and the Detroit Free Press, which previously operated under a joint operating agreement that ended in December 2025, will continue to publish separately. The transaction will be financed with a combination of cash on hand and incremental debt financing from funds managed by affiliates of Apollo. The deal is expected to close at the end of the month, pending customary closing conditions. Terms of the deal were not disclosed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. USA Today Co. Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260126809944) on January 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Founded in 1873, The Detroit News is an award-winning publication recognized for its strong journalism and digital presence. The Detroit News and the Detroit Free Press, which previously operated under a joint operating agreement that ended in December 2025, will continue to publish separately. The transaction will be financed with a combination of cash on hand and incremental debt financing from funds managed by affiliates of Apollo. The deal is expected to close at the end of the month, pending customary closing conditions. Terms of the deal were not disclosed.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. USA Today Co. 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