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Dell owns 60 percent of Smarsh, with an option to buy more. Companies that produce the kind of growth that Smarsh has inevitably attract suitors. But don't look for a buyout at Smarsh: It's already happened. More on the electronic archivist.
Schurz Communications, a family-owned company, also owns the South Bend Tribune. The company started in 1872 with the Tribune, expanded into radio in 1922 and then television, with WSBT-TV, in 1951. Schurz announced on Sept. 14 that it was selling its seven TV stations and 13 radio stations to Gray for $442.5 million.