GateHouse Acquires 4 Gannett Papers

GateHouse Media Inc. (NYSE: GHS) has agreed to acquire four daily newspapers from Gannett (NYSE: GCI) for $410 million in cash. The papers are: Norwich Bulletin in Connecticut, Rockford Register Star in Illinois, Observer-Dispatch in Utica, N.Y., and The Herald, Dispatch in Huntington, West Virginia. GateHouse was acquired by Fortress Investment Partners in 2005 from Leonard Green, and then went public last year. Fortress still holds a majority ownership position.