The merger between Gatehouse Media and Gannett will make Gannett the largest publisher in the United States.
More than 550 newspapers across the country will now have the same owner, which will save the two companies up to $300 million a year.
Michael Reed, head of Gannett, said “Together, we will be stronger with a more viable path to growth for our shareholders and employees, while sustaining journalism in hundreds of markets across the country.”