SI
SI
discoversearch

Technology Stocks : Media Industries: Newspapers, TV, Radio, Movies, Online

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Sr K12/8/2017 9:23:27 PM
   of 2345
 
On WSJ cover now,

The owner of the Boston Herald newspaper has filed for chapter 11 bankruptcy and is putting itself up for sale, with a $5 million starting offer from GateHouse Media.


edit

Boston Herald Files for Chapter 11 Bankruptcy Protection

GateHouse Media offering $5 million for newspaper, free and clear of union contracts and pensions

By Peg Brickley

Updated Dec. 8, 2017 6:11 p.m. ET

The owner of the Boston Herald newspaper has filed for chapter 11 bankruptcy and is putting itself up for sale, with a $5 million starting offer from GateHouse Media.

The feisty, conservative tabloid, which dates back to 1846, cited the growth of alternative media sources and erosion of advertising revenue in print media for the need to seek bankruptcy protection.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.