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Oct 30, 2008

Gannett declares dividend, adds two directors

Editor & Publisher reports Gannett Co. has declared a 40-cent  dividend and added two new directors to its board. This keeps Gannett's dividend at its highest level since the company went public in 1967. Gannett's move is not typical in the current climate, where companies are experiencing added pressures to cut dividends in order to meet debt obligations.
The two new board members are Howard Elias and Scott McCune.
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