After months of restructuring and courtroom wrangling, Canwest's newspaper division is now part of Postmedia Network Canada Corp., CJOB reported Tuesday.

Postmedia Network acquired the newspaper chain for $1.1 billion, which owns 11 dailies and 26 community newspapers, The Toronto Star reported.

This deal completion made Postmedia Network the largest publisher of paid English-language dailies in Canada. It also relieves CanWest from creditor protection.

Postmedia Network CEO Paul Godfrey said immediately that the company plans to be listed on the Toronto Stock Exchange, but an application hasn't been file yet, Editor and Publisher reported.

Godfrey said he will meet with the staff this week to discuss about operational changes.