Shareholders of New Media Investment Group and Gannett have approved New Media's $1.13 billion acquisition of Gannett. The deal is expected to close Tuesday, Nov. 19, "subject to the satisfaction of customary closing conditions," New Media said in a statement.
New Media owns 152 daily publications – including The Palm Beach Post, The Columbus Dispatch, The Oklahoman and Austin American-Statesman – as well as 284 weekly newspapers operated as GateHouse Media and digital marketing assets like ThriveHive.
The combined company will be called Gannett and will own more than 260 daily publications, as well as hundreds of weeklies.
