Gannett Completes PointRoll Purchase

 By 
Sean P. Aune
 on 
Gannett Completes PointRoll Purchase
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Back in January we covered the news that Chris Saridakis, the CEO of PointRoll, had joined Gannett publishing as the Chief Digital Officer. Interestingly enough, as Rafat Ali of Paid Content pointed out in an article published late last night, Gannett in fact had to purchase the last of PointRoll's shares from Mr. Saridakis himself to gain total control of the company.

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The SEC filing that Mr. Ali found this in also pointed to Gannett contracting with Ripple6, a white label social networking company of which Mr. Saridakis holds a 10% stake. The publishing company said that due to his partial ownership in the company, Mr. Saidakis was not involved with the negotiations for $2.2 million worth of services.

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