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Is Gannett Buying a Clunker in

Having seen the Internet gobble up the lucrative business of printing classified ads, the soon-to-be former newspaper giant Gannett is going all-in on the digital version of automotive classifieds.

The company is spending $1.8 billion to buy out its partners in, a digital platform intended to link drivers with the people and dealerships selling vehicles; Gannet owns 27 percent of the venture, alongside four additional newspaper companies.