McLean-based Gannett Co. Inc. has closed on its $130 million acquisition of WordStream Inc., a provider of cloud-based services that help businesses and agencies manage and improve their paid search and advertising campaigns.
The deal, first announced in May, includes $130 million in cash, plus up to $20 million payable in 2019 and 2020 based on meeting certain revenue targets. Gannett (NYSE: GCI) anticipates WordStream, a Boston company founded in 2007, will help it bulk up its own digital marketing…
