Guam's Moylan purchases Pacific Daily News | Business
HAGÃ TÃA (The Guam Daily Post) â A purchase agreement between subsidiaries of Gannett Co., Inc., and former Guam Lt. Gov. Kaleo S. Moylan, has been signed, according to a press release. Moylan will take over as owner of the Pacific Daily News and all of its assets in April. The Pacific Daily News started its local ownership in 1949, when former Gov. Joseph Flores bought the Guam News from the Navy. Flores then named the newspaper the Guam Daily News. In 1971, the newspaper was purchased by a Honolulu Group, then subsequently bought in the same year by Gannett, Inc., and named the Pa...
Source: mvariety.com