New Media Investment Group Inc., one of the largest publishers of locally based print and online media in the United States as measured by number of publications, announced today that it has agreed to acquire the Austin American-Statesman and its niche publications and companion websites from Cox Media Group, LLC for $47.5 million.

SC Business Publications LLC, which publishes SC Biz News, Charleston Regional Business Journal, Columbia Regional Business Journal, GSA Business Report, SCBIZ and other affiliated titles, has sold its operating assets to a unit of New Media Investment Group.

New Media Investment Group Inc. has completed the acquisition of substantially all of the assets of Harris Enterprises Inc.

Dirks, Van Essen & Murray, a merger and acquisition firm based in Santa Fe, N.M., represented Harris Enterprises in the sale.

New Media Investment Group Inc. has entered into a definitive agreement to acquire the newspapers and most other assets of Harris Enterprises Inc. The six newspapers will be operated by a division of New Media's GateHouse Media.

Dirks, Van Essen & Murray, a merger and acquisition firm based in Santa Fe, N.M., represented New Media Investment Group in its recently announced agreement to acquire Rochester Business Journal. Terms of the transaction were not disclosed.

New Media Investment Group Inc. has entered into a definitive agreement to acquire the Columbia (Mo.) Daily Tribune.

The Daily Tribune has been owned by members of the Waters family for the past 111 years. The newspaper serves a large region in central Missouri with 15,000 daily and 17,000 Sunday circulation. Columbia is home to the University of Missouri with more than 30,000 students.