Gannett Completes Purchase of New Jersey’s Daily Record and Ocean County’s Observer
ARLINGTON, Va. — Gannett Co., Inc. announced today that it has completed its purchase of the Daily Record in Morristown, N.J., and the Ocean County’s Observer in Toms River, N.J.
The acquisition also includes several weekly newspapers in Toms River and Manahawkin, N.J. In addition to the newspapers, Gannett has acquired various total market coverage (TMC) products associated with the newspapers. With the completion of this transaction, Gannett now publishes seven daily newspapers in the state. Terms of the deal were not announced.
Walt Lafferty has become publisher of the Daily Record.
Gannett is a nationwide news and information company that publishes 84 daily newspapers, including USA TODAY, and USA WEEKEND, a newspaper magazine. Gannett also operates 21 television stations and cable television systems in five states.