New Media Investment: Shareholders approve sale of Journal Sentinel owner Gannett to New Media Investment Group

The Milwaukee Journal Sentinel's current owner and its pending owner said they expect to complete their transaction Nov. 19 after shareholders on Thursday approved the deal. New Media Investment Group Inc. (NYSE: NEWM) of New York City and Journal Sentinel owner Gannett Co. Inc. (NYSE: GCI) of McLean, Virginia, jointly announced Thursday that at their respective special shareholder meetings that stockholders approved proposals necessary to complete the previously announced acquisition of Gannett...