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Gannett spinoff begins trading today on New York Stock Exchange

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The media conglomerate formerly know as Gannett Co. Inc., publisher of the daily newspaper still known as the Des Moines Register, has completed the spinoff of its publishing arm and will begin trading today on the New York Stock Exchange as Tegna, according to a release. But hold the presses. The spun-off print arm still will be known as Gannett Co. Inc. In a nutshell, Tegna is broadcast and digital, providing “content that matters and brands that deliver,” according to the release. Read the release here.