Journal Register to launch auction process

12/2/2012 | MediaPost Communications · Poynter.org

Journal Register Co. has signed a "stalking horse" purchase agreement with 21st CMH Acquisition, a fund associated with Alden Global Capital, that allows Journal Register to launch an auction process. Alden owns Digital First Media, which in turn owns Journal Register. The move comes after Journal Register filed for bankruptcy protection in September.

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MediaPost Communications · Poynter.org