Thursday 13 August 2020
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wn.com - 1 month ago

Chatham announces plan to buy newspaper publisher McClatchy

NEW YORK (AP) — Hedge fund Chatham Asset Management plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control. The companies did not put a price on the deal in an announcement Sunday. The agreement still needs the approval of a bankruptcy a hearing is scheduled for July 24. McClatchy is one of the largest newspaper companies in the U.S. It owns 30 papers including...


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