Saturday, February 21, 2009

Journal Register files for Chapter 11

UPDATED at 4:15 p.m. PST on Feb. 21, 2009The Journal Register Co. quietly filed Friday for Chapter 11 bankruptcy protection, becoming the third publisher in as many months to succumb to an overwhelming debt load.Journal Register, whose stock closed Friday at a third of a cent per share, had shut dozens of its non-daily newspapers since the first of the year in an effort to raise enough cash to

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