$122 Million Bid Received for Journal Register Company

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By: Luther Turmelle | New Haven Register

The process under which the owner of the New Haven Register was to be auctioned concluded last week with only one bidder.

The sole bid of $122.15 million for the Journal Register Company, which is under federal Chapter 11 bankruptcy protection, came from CMH Acquisition Co. CMH Acquisition is a subsidiary of Alden Global Capital LLC, which is the owner of JRC.

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