The editor of El Nuevo Dia and Primera Hora says both papers will continue to be published under the format of their current print and digital editions.
Maria Luisa Ferre Rangel said Wednesday that the sales, advertising, human resources and other departments at both papers will not undergo any changes either.
But she said an internal news agency will be created as part of the restructuring move to produce news 24 hours a day for unspecified local media sites.
Ferre will oversee operations at the newly created GFR Media Group. Newspaper officials said they would release more information Thursday.