Browsing All posts tagged under »Bankruptcy«

Newspaper publisher Lee Enterprises files for bankruptcy

December 13, 2011

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Editor & Publisher reports that Lee Enterprises, which owns newspaper publications in 52 markets (mostly in the Midwest), has filed for bankruptcy. Apparently this news wasn’t unexpected for the publisher based in Davenport, Iowa. Lee Enterprises had announced earlier that they were going to make this move as part of a refinancing plan to repay […]

Fate of Tribune Co. papers undecided

January 20, 2011

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Tribune Co., which owns larger papers like the Chicago Tribune, Orlando Sentinel and Los Angeles Times, is expected to emerge from bankruptcy later this year. Still, the fate of Tribune’s newspapers is not decided. Although a judge is expected to approve the company’s reorganization plan in March, creditors who will assume ownership of Tribune Co. […]