Monday, September 30, 2013

GateHouse Media Files Chapter 11 Bankruptcy

http://online.wsj.com/article/PR-CO-20130927-905540.html
GateHouse Media, Inc. (OTC: GHSE) and certain of its subsidiaries (collectively, "GateHouse"), comprising one of the largest publishers of locally based print and online media in the United States, have commenced voluntary chapter 11 bankruptcy proceedings in the United States Bankruptcy Court for the District of Delaware.
Concurrently with the bankruptcy filing, GateHouse filed and requested confirmation of a joint prepackaged plan of reorganization.