New Media Investment: Statesman parent company GateHouse expected to merge today with Gannett

Shareholders of Gannett Co. Inc. on Nov. 14 signed off on a roughly $1.2 billion proposal for the Virginia-based company to be acquired by the parent company of rival GateHouse Media, the owner of the Austin American-Statesman, in a deal that will combine two of the nation's largest newspaper companies. Gannett (NYSE: GCI) and New Media Investment Group Inc. (NYSE: NEWM) reached an agreement on a cash-and-stock deal Aug. 5. New Media shareholders also approved the deal Nov. 14 at a separate meeting. The...