FILE PHOTO: A copy of the Miami Herald is shown on a supermarket rack in Doral, Florida, U.S., March 18, 2019. Picture taken March 18, 2019. REUTERS/Joe Skipper
The Miami Herald publisher said Chatham’s proposed deal, which needs a court confirmation and other regulatory approvals, would help it exit Chapter 11 protection in the third quarter.
Mmmkkllllllloooooooooop
$1.00?
Hedge funds owning newspapers? Still a problem.
The Miami Herald sucks…they hire Cuban communist…just like Reuters…you guy compete to see who is the biggest POS 😜
ghislainemaxwell
Is that bad, good, or otherwise?
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Hedge Fund Chatham Wins Bankruptcy Auction for McClatchy’s NewspapersHedge-fund manager Chatham Asset Management emerged as the winner in a bankruptcy auction for McClatchy, ending 163 years of family ownership for the newspaper chain and increasing financial investors’ control of the American publishing industry. So now we’ll have far-right newspapers pretty much everywhere in the country instead of independent investigative journalism, what a sad day for this country. Here come the scandals. Scandals sell right? More toddler fightclub stories on the way. Ughhhh.
Source: WSJ - 🏆 98. / 63 Read more »
Hedge Fund Chatham Wins Bankruptcy Auction for McClatchy’s NewspapersHedge-fund manager Chatham Asset Management emerged as the winner in a bankruptcy auction for McClatchy, ending 163 years of family ownership for the newspaper chain and increasing financial investors’ control of the American publishing industry. So now we’ll have far-right newspapers pretty much everywhere in the country instead of independent investigative journalism, what a sad day for this country. Here come the scandals. Scandals sell right? More toddler fightclub stories on the way. Ughhhh.
Source: WSJ - 🏆 98. / 63 Read more »
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