will acquire an equity stake in
, but financial terms of the agreement weren't disclosed.
In exchange, Space.com agreed to buy Gannett's space media assets, including
Space Online Web sites.
Gannett will provide a cash investment and promotional support for an unspecified interest in Space.com, which claims Lou Dobbs as chairman and chief executive.
Shares of Gannett were recently trading down 50 cents, or 0.9%, to $54.56 on the
New York Stock Exchange