New Media Investment: Projo parent reports $18.5M loss in Q3 largely on acquisition costs

PROVIDENCE - New Media Investment Group Inc. parent company of the Providence Journal, among many other local publications, reported a $18.5 million loss in the third quarter of 2019, largely due to $12.2 million in acquisition costs. Loss per diluted share for the quarter was 31 cents, compared with 10 cents one year prior. Company [...]