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New Media Investment Group completes purchase of The Daily Reporter

New Media Investment Group has completed its purchase of the Minneapolis-based publisher Dolan LLC, which owns The Daily Reporter and Wisconsin Law Journal, for $35 million.

Dolan will be operated under New Media as a separate division from both GateHouse Media, a group that operates 78 daily newspapers and more than 200 weekly papers in 32 states, and Propel Marketing, a digital-services business.

Dolan is in 17 U.S. markets and is composed of 39 print and online publications that report news concerning legal, financial and real estate matters, as well as government affairs. Dolan also holds events centered on awards and education seminars.

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