For the second time in three years the parent company of
the Lorain Morning Journal and Willoughby News Herald has filed for Chapter 11
bankruptcy protection.
Previously, the Journal Register Co. entered and exited
bankruptcy in less than a year.
The Journal Register hopes to sell to Alden Global
Capital, which owns nearly all of its stock. It plans to continue operating the
newspapers while it goes through Chapter 11.
To read the Cleveland.com story, click on http://www.cleveland.com/business/index.ssf/2012/09/journal_register_co_files_for.html
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