Journal Register Co. Files For Chapter 11
Posted: 9/5/2012 | By: John Paton | Digital First Media
Today Digital First Media announced Journal Register Company has
filed for Chapter 11 bankruptcy and will seek to implement a prompt
We expect the auction and sale process to take about 90 days, and I
am pleased to tell you the Company has a signed stalking horse bid for
Journal Register Company from 21st CMH Acquisition Co., an affiliate of
funds managed by Alden Global Capital LLC.
So why file Chapter 11?