ALBUQUERQUE, N.M. (AP) — Gannett Co., Inc. has purchased 11 media organizations from Digital First Media 11, including the remaining majority interest in the Texas-New Mexico Newspapers Partnership, Gannett announced Monday.
The McLean, Virginia-based media company said that Gannett now will own 100 percent of the Texas-New Mexico Newspapers Partnership. That partnership includes the El Paso Times; Alamogordo Daily News; Carlsbad Current-Argus; The Daily Times in Farmington; Deming Headlight; Las Cruces Sun-News; and the Silver City Sun-News.
"We are very pleased to welcome these well-respected media organizations to U.S. Community Publishing as we further our efforts to expand our reach as the best local media company in America for consumers and businesses," said Robert Dickey, president of U.S. Community Publishing and CEO-designate of Gannett "SpinCo" following the separation of the company mid-2015.
Gannett also acquired from the Denver-based Digital First Media four Pennsylvania's newspapers: Chambersburg Public Opinion; Hanover Evening Sun; Lebanon Daily News; and the York Daily Record.
The deal was completed through the assignment of Gannett's 19.5 percent interest in the California Newspapers Partnership and additional cash consideration.
Gannett says it will no longer have any ownership interest in the California Newspapers Partnership.