SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
EDENS WESLEY R
(Last) (First) (Middle)
1345 AVENUE OF THE AMERICAS
(Street)
NEW YORK NY 10105
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GateHouse Media, Inc. [ GHS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/24/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 05/24/2007 P 300 A $18.16 75,940 D
Common Shares 05/24/2007 P 2,300 A $18.17 78,240 D
Common Shares 05/24/2007 P 3,300 A $18.18 81,540 D
Common Shares 05/24/2007 P 7,500 A $18.2 89,040 D
Common Shares 05/24/2007 P 1,700 A $18.21 90,740 D
Common Shares 05/24/2007 P 15,900 A $18.22 106,640 D
Common Shares 05/24/2007 P 7,300 A $18.23 113,940 D
Common Shares 05/24/2007 P 5,200 A $18.245 119,140 D
Common Shares 05/24/2007 P 1,200 A $18.2458 120,340 D
Common Shares 05/24/2007 P 100 A $18.27 120,440 D
Common Shares 05/24/2007 P 10,000 A $18.2945 130,440 D
Common Shares 05/24/2007 P 100 A $18.34 130,540 D
Common Shares 05/24/2007 P 5,100 A $18.35 135,640 D
Common Shares 05/24/2007 P 20,700 A $18.36 156,340 D
Common Shares 05/24/2007 P 1,700 A $18.3659 158,040 D
Common Shares 05/24/2007 P 11,900 A $18.37 169,940 D
Common Shares 05/24/2007 P 5,700 A $18.3954 175,640 D
Common Shares 22,050,000 I By FIF III Liberty Holdings LLC ( 1 )
Common Shares 100,000 I By Fortress Partners Fund L.P. ( 2 )
Common Shares 212,500 I By Drawbridge DSO Securities LLC ( 3 )
Common Shares 37,500 I By Drawbridge OSO Securities LLC ( 3 )
Common Shares 250,000 I By Drawbridge Global Macro Master Fund Ltd. ( 4 ) ( 5 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Fortress Investment Fund III LP, Fortress Investment Fund III (Fund B) LP, Fortress Investment Fund III (Fund C) LP, Fortress Investment Fund III (Fund D) L.P., Fortress Investment Fund III (Fund E) L.P., Fortress Investment Fund III (Coinvestment Fund A) LP, Fortress Investment Fund III (Coinvestment Fund B) LP, Fortress Investment Fund III (Coinvestment Fund C) LP, Fortress Investment Fund III (Coinvestment Fund D) L.P. (collectively, the "Fund III Funds") are the members of FIF III Liberty Holdings LLC. Fortress Fund III GP LLC is the general partner of each of the Fund III Funds and its sole managing member is Fortress Investment Fund GP (Holdings) LLC. The sole managing member of Fortress Investment Fund GP (Holdings) LLC is Fortress Operating Entity II LP ("FOE II"). FIG Corp. is the general partner of FOE II, and FIG Corp. is wholly-owned by Fortress Investment Group LLC ("FIG").
2. Fortress Partners GP LLC ("FPGP") is the general partner of Fortress Partners Fund LP. Fortress Principal Investment Holdings IV LLC ("FPIH IV") is the sole managing member of FPGP. Fortress Partners Advisors LLC ("FPA") is the investment advisor of Fortress Partners Fund LP. FIG LLC is the sole managing member of FPA. Fortress Operating Entity I LP ("FOE I") is the sole managing member of FIG LLC and FPIH IV. FIG Corp. is the general partner of FOE I, and FIG Corp. is wholly-owned by FIG.
3. Drawbridge Special Opportunities Fund LP ("DBSO LP") is the sole managing member of Drawbridge DSO Securities LLC. Drawbridge Special Opportunities Fund Ltd. ("DBSO LTD") is the sole managing member of Drawbridge OSO Securities LLC. Drawbridge Special Opportunities Advisors LLC ("DSOA") is the investment advisor of each of DBSO LP and DBSO LTD. FIG LLC is the sole managing member of DSOA, and FOE I is the sole managing member of FIG LLC. FIG Corp. is the general partner of FOE I, and FIG Corp. is wholly-owned by FIG.
4. Drawbridge Global Macro Master Fund Ltd. ("Global Macro Master") is wholly-owned by Drawbridge Global Macro Intermediate Fund LP ("Global Macro Intermediate") and Drawbridge Global Macro Fund LP ("Global Macro LP"). Drawbridge Global Macro Advisors LLC ("Global Macro Advisors") is the investment advisor of each of Global Macro Intermediate, Global Macro LP and Global Macro Master. FIG LLC is the sole managing member of Global Macro Advisors. FOE I is the sole managing member of FIG LLC. FIG Corp. is the general partner of FOE I, and FIG Corp. is wholly-owned by FIG.
5. Wesley R. Edens may be deemed to beneficially own the shares listed as beneficially owned by FIG. Mr. Edens disclaims beneficial ownership of all reported shares except to the extent of his pecuniary interest therein and the inclusion of the shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or otherwise.
Remarks:
/s/ Wesley R. Edens 05/29/2007
** Signature of Reporting Person Date
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* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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