USA TODAY Co. To Acquire The Detroit News From MediaNews Group
January 29, 2026
USA TODAY Co. has signed a binding letter of intent with MediaNews Group to acquire The Detroit News. The deal is intended as a strategic investment to expand the USA TODAY Network’s local reach in the Detroit metropolitan area, with The Detroit Free Press and The Detroit News continuing to publish separately.
- Buyers
- USA TODAY Co., Apollo (via affiliates managed funds)
- Targets
- The Detroit News
- Sellers
- MediaNews Group
- Industry
- Media & Entertainment
- Location
- Michigan, United States
- Transaction Type
- Buyout
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