Reports suggest a deal between Gannett and Tronc(owner of the Hartford Courant) is still likely, but not imminent. Details are being worked out by both sides.
In the meantime there is plenty of speculation about what might happen if Gannett takes over. Most predict Gannett’s first move will be to dramatically cut costs by laying off personnel. This has happened elsewhere and is seen as the best way for Gannett to maintain or improve profitability.
An analysis from Poynter suggests this might lead to a boom in hyper local news sites as reporters and editors laid off by Gannett look to maintain local news coverage and their careers in journalism.