Gannett Slips by Harm in Chiquita Settlement
Hyman, Julie, The Washington Times (Washington, DC)
Media giant Gannett Co. Inc. of Arlington may be drawing journalistic controversy, but the company - with its many newspaper, television and radio holdings - has seen no financial impact from a multimillion dollar settlement last month with Chiquita Brands International Inc.
After the Gannett-owned Cincinnati Enquirer ran a story condemning Chiquita for questionable business practices, Chiquita accused reporters on the story of illegal fact-gathering. Gannett ended by paying the produce wholesaler at least $10 million in an out-of-court settlement.
While the story and settlement may be debate fodder in newsrooms, Gannett received no calls from investors …
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information: Article title: Gannett Slips by Harm in Chiquita Settlement. Contributors: Hyman, Julie - Author. Newspaper title: The Washington Times (Washington, DC). Publication date: July 20, 1998. Page number: 20. © 2009 The Washington Times LLC. COPYRIGHT 1998 Gale Group.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.