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Gatehouse, Gannett shareholders approve merger of media giants


New York Times: Gatehouse Media and Gannett shareholders voted today to approve a deal that would join the two largest newspaper chains in the United States, all but guaranteeing the creation of a newspaper colossus that is likely to result in thousands of layoffs. Under the terms of the deal, New Media Investment Group, the parent of GateHouse Media, is the company that will acquire its smaller rival, Gannett. The new company will go by the name Gannett and will include longtime Gannett papers like USA Today and the Des Moines Register.

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