According to Patch, the owner of the Middletown Press, the Journal Register Company, filed voluntary petitions for Chapter 11 bankruptcy today. This is the second such bankruptcy for the company, which restructured in 2009.
The Journal Register Company hopes to complete a bankruptcy sale within 90 days.
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There is a full press release and a FAQ for employees HERE.
2 comments:
The Press is a mess. Horrible paper, good riddance!
Gee, what's in store for them now??? I think Bush did it!
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