(GCI) - Get Report

will acquire an equity stake in

, but financial terms of the agreement weren't disclosed.

In exchange, agreed to buy Gannett's space media assets, including

Space News


TST Recommends


Florida Today's

Space Online Web sites.

Gannett will provide a cash investment and promotional support for an unspecified interest in, 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