Gannett Co. on Wednesday said it would buy assets from North Jersey Media Group Inc., the latest move by the owner of USA Today to expand its reach and better compete.

Terms weren't disclosed, though the purchase includes the Bergen County Record newspaper and other properties. Gannett is the nation's largest publisher with about 12% of daily newspapers circulation.

North Jersey Media Group has been owned by the Borg family since 1930. The group publishes 49 community newspapers and has been one of the last family-run publishing groups in the country.

The acquisition deal comes as Gannett has pushed hard to buy Tribune Publishing Co., the owner of the Chicago Tribune and the Los Angeles Times, for about $475 million. In April, Gannett completed its acquisition of the Journal Media Group's 15 daily newspapers for $280 million.

Gannett's recent attempts to scoop up other titles comes amid a flurry of deal making across the news industry, with publishers looking to maximize the advantages of scale. It follows Gannett's own split from its television arm that is now known as Tegna Inc.

"Gannett continues to execute on its local-market growth strategy," Robert Dickey, Gannett Chief Executive said on Wednesday. The company said the acquisition would add roughly $90 million in annual revenue.

Write to Lisa Beilfuss at lisa.beilfuss@wsj.com

(END) Dow Jones Newswires

July 06, 2016 16:45 ET (20:45 GMT)

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