Gannett has now bought all but one of Tennessee's major newspapers

$280 million deal places Knoxville, Nashville, Memphis and Murfreesboro newspapers under one banner

Gannett headquarters in McLean, Va.

The Gannett Co., which owns the Nashville Tennessean and three other newspapers in Tennessee, said tonight it is buying Journal Media Group Inc., which owns the Knoxville News-Sentinel, the Memphis Commercial Appeal and 12 other daily newspapers.

Gannett, which owns 92 newspapers including USA Today and those in Nashville, Murfreesboro, Jackson and Clarksville in Tennessee, will pay $280 million to acquire the Milwaukee, Wisc.-based Journal Media. The merger will give Gannett ownership of six daily newspapers in Tennessee, including the state's three biggest papers, and extend its Midsouth footprint from Arkansas through Kentucky and Tennessee to western North Carolina.

"Our merger will combine the best of each of our organizations to create a journalism-led, investor-focused company which will provide substantial value to the shareholders of both companies," Gannett CEO Robert J.