Deal Detail

Classified Ventures, LLC (Cars.com) to Gannett Co., Inc.

EV / LTM EBITDA

EV / LTM Sales

Enterprise Value

Primary Source

JPMorgan

All Observations

Source-specific multiples and notes for this transaction.

Primary?	Source Type	Fairness Opinion / Source	Advisor	Source Year	Enterprise Value	EV/Sales	EV/EBITDA	EV/Fwd EBITDA	Note	Citation
Primary	fairness opinion	RATE FO	JPMorgan	2017	-	-	-	11.6x	Gannett acquired the remaining stake in Classified Ventures it did not already own. Multiple based on expected revenue and EBITDA for 2014 at the time of announcement, per the RATE FO footnote. EV / 1-year forward EBITDA as presented in the RATE FO; the FO discloses no enterprise value for this transaction.	Open