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Newspaper giant McClatchy files for bankruptcy, hobbled by debt and declining print revenue

The filing foreshadows further cost-cutting and retrenchment for one of the biggest players in local journalism......»»

Category: topSource: washpostFeb 14th, 2020

Newspaper chain McClatchy files Chapter 11 bankruptcy after pension woes, print declines

Newspaper chain McClatchy, owner of publications such as the Miami Herald and Kansas City Star, filed for Chapter 11 bankruptcy prot.....»»

Category: topSource: usatodayFeb 13th, 2020

US shale oil giant Chesapeake Energy files for bankruptcy as the coronavirus crisis claims another energy victim

REUTERS/Steve Sisney US shale oil pioneer Chesapeake Energy filed for bankruptcy protection on Sunday, bowing to pressure from heavy debt and rock-bo.....»»

Category: topSource: businessinsiderJun 29th, 2020

Miami Herald Publisher McClatchy Files For Chapter 11 Bankruptcy

McClatchy Co. (NYSEAMERICAN: MNI), the second-largest newspaper publisher in the U.S., has filed for Chapter 11 bankruptcy protection. read more.....»»

Category: blogSource: benzingaFeb 14th, 2020

McClatchy, one of the nation’s largest newspaper publishers, files for bankruptcy

The Chapter 11 filing foreshadows further cost-cutting for a key player in local journalism at a time when most U.S. newsrooms are straining to cover their communities......»»

Category: topSource: washpostFeb 13th, 2020

Top Newspaper Publisher McClatchy Co. Files for Bankruptcy Protection

Its 30 newsrooms include the Miami Herald, The Kansas City Star and the Sacramento Bee The publisher of the Miami Herald, The Kansas City Star and dozen.....»»

Category: topSource: timeFeb 13th, 2020

Newspaper publisher McClatchy files for bankruptcy protection

Newspaper publisher McClatchy Co. said it's filing for Chapter 11 bankruptcy protection. The second-largest U.S. local newspaper company has obtained new $50 million debtor-in-possession financing from Encina Business Credit that will allow the loca.....»»

Category: topSource: marketwatchFeb 13th, 2020

Another big US milk producer files for bankruptcy

Borden Dairy Co. filed for bankruptcy, becoming the second major U.S. milk seller to do so in two months as competitive pressures, declining consumption and falling profits made its debt load unsustainable......»»

Category: topSource: moneycentralJan 6th, 2020

Dean Foods files for Chapter 11 bankruptcy, lines up sale

Dairy giant Dean Foods filed for Chapter 11 bankruptcy protection as declining m.....»»

Category: topSource: usatodayNov 12th, 2019

One of oldest US coal companies files for bankruptcy

One of the oldest coal companies in the U.S. has filed for bankruptcy to deal with steep debt amid declining world demand......»»

Category: topSource: foxnewsOct 9th, 2018

One of oldest US coal companies files for bankruptcy

One of the oldest coal companies in the U.S. has filed for bankruptcy to deal with its steep debt amid declining world demand......»»

Category: topSource: moneycentralOct 9th, 2018

TNT Crane & Rigging files for Chapter 11 bankruptcy protection as debt looms

"The company has sought to refinance and delever its capital structure, but $46.....»»

Category: topSource: bizjournalsAug 24th, 2020

The week in bankruptcies: North Miss. farm A.E. Crosthwait & Co. files for Chapter 11

Memphis area bankruptcy courts recorded one business filing — including one with total debt above $1 million — during the week that ended Aug. 7, 2020. Year to date through Aug. 7, 2020, the court recorded 60 Chapter 7 or Chapter 11 busines.....»»

Category: topSource: bizjournalsAug 19th, 2020

Former Tribune Publishing CEO to take helm of McClatchy when that newspaper chain emerges from bankruptcy

Former Tribune Publishing CEO Tony Hunter will take the helm of th.....»»

Category: topSource: chicagotribuneAug 7th, 2020

Plano"s Denbury Resources files for Chapter 11 bankruptcy protection

The company is looking to cut more than $2 billion in debt through the Chapter 11 restructuring......»»

Category: topSource: bizjournalsJul 31st, 2020

Noble Corp. files massive bankruptcy in Houston

London-based Noble Corporation PLC (NYSE: NE) reached a restructuring support agreement with two groups of lenders and filed for bankruptcy in Houston on July 31. The agreement would cut more than $3.4 billion of Noble's debt in exchange for equi.....»»

Category: topSource: bizjournalsJul 31st, 2020

Mood Media files for Chapter 11 bankruptcy

Mood Media said it will “continue serving its clients during the global COVID-19 pandemic and once the pandemic has passed" as it aims to restructure hundreds of millions of dollars in debt......»»

Category: topSource: bizjournalsJul 31st, 2020

California Pizza Kitchen files for bankruptcy, plans exit in less than 3 months

California Pizza Kitchen said Thursday that it has filed for bankruptcy, as the restaurant chain looks to close unprofitable locations and reduce its long-term debt load,.....»»

Category: dealsSource: nytJul 30th, 2020

Denbury Resources files for pre-packaged Chapter 11 with plan to eliminate $2.1 billion of bond debt

Denbury Resources Inc. said Wednesday it has filed for Chapter 11 bankruptcy protection under a pre-packaged plan with its creditors that will enable it to eliminate $2.1 billion of b.....»»

Category: topSource: marketwatchJul 29th, 2020

Parent of Ann Taylor and Lane Bryant files for bankruptcy

Ascena Retail Group, the parent company of women’s apparel brands Ann Taylor and Lane Bryant, filed for Chapter 11 bankruptcy protection Thursday while announcing a debt restructuring agreement with 68% of its lenders. Ascena also announc.....»»

Category: topSource: bizjournalsJul 23rd, 2020

Engine maker Briggs & Stratton files for bankruptcy protection, agrees to sell assets to KPS

Briggs & Stratton Corp. has filed for bankruptcy protection and agreed to sell assets to KPS Capital Partners LP as the company has faced declining sales and losses since the onset of the coronavirus pandemic......»»

Category: topSource: foxnewsJul 20th, 2020