$122 Million Bid Received for Journal Register Company

Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Google+
http://www.editorandpublisher.com/news/122-million-bid-received-for-journal-register-company/
LinkedIn

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.

Comments:

Your email address will not be published. Required fields are marked *