mcclatchy

Judge approves sale of N&O, Herald Sun owner to hedge fund

Posted by WRAL TechWire | Aug 5, 2020

A federal bankruptcy judge on Tuesday approved the sale of the newspaper chain McClatchy to hedge fund Chatham Asset Management in a deal valued at $312 million.

McClatchy, which bought N&O in 1995 for $373M, sells for $312M

Posted by WRAL TechWire | Jul 26, 2020

Hedge fund Chatham Asset Management says will pay $312 million to buy newspaper publisher McClatchy – publisher of The News & Observer and Herald Sun in the Triangle – out of bankruptcy protection.

Hedge fund Chatham Asset Management wins bidding for N&O owner McClatchy

Posted by WRAL TechWire | Jul 12, 2020

Hedge fund Chatham Asset Management said it plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control.

Auction opens today for McClatchy Co., owner of N&O, Herald Sun, Charlotte Observer

Posted by WRAL TechWire | Jul 8, 2020

An auction begins today for ownership of the McClatchy Co., which owns The News and Observer and Herald Sun in the Triangle as well as The Charlotte Observer.

Bid deadline is Wednesday for McClatchy, which owns News & Observer, Herald Sun

Posted by WRAL TechWire | Jul 1, 2020

Wednesday is the deadline to submit bids for McClatchy, the bankrupt newspaper firm. This is not your ordinary bankruptcy – McClatchy is a vital local news source across the USA. The company owns 30 titles in 14 states, including The News & Observer and The Herald Sun in the Triangle.

McClatchy, owner of News & Observer, files bankruptcy to shed old costs, speed shift to digital

Posted by WRAL News | Feb 13, 2020

McClatchy Co., the organization behind Raleigh’s own News & Observer, released a statement saying they filed for bankruptcy on Thursday, ending family control of America’s second largest local news company.

Tech Today: IBM’s AI rules, Epic Vs Steam, McClatchy debt + Mycovia, TransEnterix, Aerie, Pyxus, RedHill news

Posted by WRAL TechWire | Jan 21, 2020

Lots of tech and life science news to report in our latest roundup, including IBM’s pitch for AI rules at Davos, a look at Epic Games Store vs. Steam, the latest update on McClatchy’s debt and pension payments, plus news from several Triangle firms.