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The combination appeared on a list of completed merger investigations published by the Federal Trade Commission.
It even failed to rank among the top ten arrangers of completed merger and acquisition (M&A) deals last year.
According to prosecutors, the completed merger increased the stock value of the Lee family by at least $758 million.
This is no surprise, given the newly completed merger between CNN's parent company, Time Warner, and America Online.
In the United States, Delta's recently completed merger with Northwest is being followed by United and Continental, which hope to combine by the end of the year.
Dominion Resources, the utility holding company, said yesterday that it would cut about 700 jobs in connection with a completed merger.
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The proposals may have significant implications for several pending and recently completed mergers in the broadcast and newspaper industries.
According to Thomson Financial, a research firm, Mediobanca was the top intermediary in completed mergers and acquisitions in Italy in the first half of this year.
As a result, the global volume of completed mergers and acquisitions at Goldman fell 18 percent in 2012 and underwriting volumes were pretty much flat.
The agency said it would consider all options, including scrutiny of completed mergers, raising the prospect that it could unwind deals such as Facebook's acquisition of Instagram.
Companies worldwide completed mergers and acquisitions valued at $1.36 billion in the first half of this year, double the figure from the corresponding period a year ago.
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