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Ripple6

10K Watch: Gannett Probably Paid Less Than $15 Million For Ripple6

Rory Maher

Feb 26, 2009 9:50 AM

Gannett (NYSE: GCI) picked up social-networking company Ripple6 in November in part because the newspaper chain’s chief digital officer Chris Saridakis had stake in the company but also as a cheap way to impress The Street by expanding its business of setting up social-net sites. But the terms of the…

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Posted In: Advertising, Media & Publishing, Companies, Gannett, ripple6

Gannett Buys Social Media Tech Company Ripple6

David Kaplan

Nov 13, 2008 2:31 PM

Gannett has acquired social net tools provider Ripple6 to create online communities for its own properties and outside media companies. Terms were not disclosed. Gannett chief digital officer Chris Saridakis had a 10 percent stake in Ripple6 and as part of the deal, Gannett agreed to buy Saridakis’ stake in…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Companies, Gannett, ripple6

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