$1 Million Loan Approved to Keep Alaska Dispatch News Afloat

Posted Thursday, August 24, 2017 7:58 am

Caslon Hatch | KTUU

After delaying twice a crucial decision regarding the future of the Alaska Dispatch News, on Monday, a federal bankruptcy judge approved a loan of up to $1 million from potential buyers to keep the newspaper operating.

The Binkley Co. LLC, out of Fairbanks, is poised to buy the newspaper. Ryan Binkley and Jason Evans of Anchorage have offered to buy ADN for $1 million. Both Binkley and Evans are the new publishers while former publisher Alice Rogoff still owns the newspaper.

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$1 Million Loan Approved to Keep Alaska Dispatch News Afloat

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