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August 21, 2012 08:41 pm GMT

Confirmed: Gannett Has Bought Social Media Ad Company BLiNQ

gannett-blinq2As we first reported the other day, the social media advertising company BLiNQ is getting bought by Gannett, owner of USA Today, a number of local newspapers and broadcasters. The news was formallyannounced today.The price is not disclosed but we understand it to be up to $92 million, with $23 million of that up front and the rest over a period of three to four years.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7VLxvLb2S4s/

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