US law firms Nixon Peabody and Blank Rome is reportedly in merger talks to create the 33rd largest law firm in the country. Nixon Peabody is a Boston-based law firm, while Blank Rome hails from Philadelphia.
Gannett Co Inc
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The Washington Business Journal said Gannett Co Inc was able to raise USD1.25 billion in debt offering to fund its USD2.2 billion acquisition of Belo Corp.
Gannett Co Inc purchases Belo Corp for US$1.5 billion.