New Media, Gannett shareholders approve media merger deal

The two biggest newspaper chains in the country are on the verge of combining after shareholders of both gave green lights to the $1.13 billion deal Thursday morning.New Media Investment Group, which operates under its GateHouse Media subsidiary, is expected to close on its acquisition of USA Today parent Gannett Co. in the next several days, now that the last remaining hurdles have been cleared.New York-based New Media owns the Austin American-Statesman and 153 other […]