Newspaper & Mailroom
Digital First Media Announces Sale Date for Journal Register Company
Wednesday 03. April 2013 - Digital First Media today announced the U.S. Bankruptcy Court for the Southern District of New York has granted final approval for the sale of the assets of Journal Register Company and its affiliates to 21st CMH Acquisition Co. The parties have set April 2 as the sale date for Journal Register Company.
“We are pleased to have received final approval for the sale and to establish a sale date for Journal Register Company,” said John Paton, Chief Executive Officer of Digital First Media. “We thank the Court, the Official Creditors Committee, our vendors, our customers and our employees as we move forward and complete the transaction.”
The Company is being sold to 21st CMH Acquisition Co., an affiliate of funds managed by Alden Global Capital.