|Fate||Acquired by Gannett Company|
|Defunct||October 1, 2014|
Classified Ventures, LLC was a Chicago-based media company. The company, established to capitalize on the revenue growth in the online classified advertising categories of automotive and rentals, was a joint venture among five major newspaper publishers: A. H. Belo, Gannett Company, The McClatchy Company, Tribune Company, and Graham Holdings Company It was the owner of Apartments.com and Cars.com.
In April 2014, Apartments.com and its associated sites were sold to CoStar Group for $585 million. On August 5, 2014, Gannett announced that it would buy out the other owners' stakes in Classified Ventures for $1.8 billion. The acquisition was closed on October 1, 2014.
Tegna, Inc., the successor to Gannett's broadcasting and digital properties, currently owns Cars.com; in May 2017, its shareholders approved a plan to spin-off Cars.com as a publicly traded company.
- "Industry takes slow steps toward digital transactions". San Francisco Chronicle. July 31, 2005.
- "CoStar Group buys Apartments.com for $585 million". Washington Post. Retrieved 8 May 2017.
- Marek, Lynne (25 March 2014). "The end is near for Classified Ventures". Crain's Chicago Business. Retrieved 1 February 2017.
- "Media Giant Gannett to Spin Off USA Today and Print Business". 5 August 2014. Retrieved 5 August 2014.
- "Gannett Reorganizing, Buying Cars.com". NetNewsCheck. 5 August 2014. Retrieved 5 August 2014.
- "Gannett Completes Cars.com Acquisition". 1 October 2014. Retrieved 2 October 2014.
- "Cars.com Spins Off From Parent TEGNA, Goes Through IPO". Search Marketing Daily. MediaPost Publications. Retrieved 5 May 2017.
- "McLean-based Tegna spins off Cars.com". WTOP. Retrieved 5 May 2017.
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