Apollo Global Management financed a recent $1.2 billion deal whereby the holding company in charge of Gatehouse Media gobbled up much-larger USA Today publisher Gannett. The Silver Knight Awards program was instituted at the Miami Herald in 1959 by The program is open to high school seniors with a minimum 3.2 A panel of independent judges appointed by the Miami Herald for each category interviews the nominees in that category. The Wish Book program lets community members who are suffering from hardships ask for help from the paper's readers.

The other day, while check­ing out, one of my lo­cal cus­tomers spewed out a big­oted rant. McClatchy - Get Report, owner of such newspapers as the Miami Herald, the Kansas City Star and the Charlotte Observer, filed under Chapter 11 of federal bankruptcy law as it … Founded in 1903, it is the fifth largest newspaper in Florida, serving Miami-Dade, Broward, and Monroe Counties. Melchiorre is the latest private equity or hedge fund player to swoop in on the distressed newspaper industry, a trend that seems to have accelerated in recent months. We've received your submission.Newspaper giant McClatchy Co. on Thursday filed for Chapter 11 bankruptcy protection — with total liabilities of $1.6 billion and debt of $703 million — stirring new fears of cutbacks at the 163-year-old company.Under terms of the reorganization plan, Chatham Asset Management, a hedge fund that still owns the National Enquirer and its parent, American Media Inc., would emerge as the largest equity shareholder and take the publicly traded company private. Known as a vicious cost-cutter, Heath Freeman’s Alden Global Capital, which owns Denver Post parent Digital First Media/MediaNews, stoked new fears in November when Freeman revealed a 32 percent stake in Tribune Publishing, owner of the Chicago Tribune and the New York Daily News. The emergence of yet another private equity giant with a hold on a venerable newspaper giant has shaken a reeling industry to its core.McClatchy owns the Miami Herald, the Kansas City Star, the Sacramento Bee, the Charlotte Observer and 25 other daily papers in 14 states. “It’s time for communities across America to stand up and fight to save local news.”The company said in its filing that it had long-term unfunded pension liabilities of $530 million owed to 24,000 retired staffers and a few thousand current employees who will be eligible for pensions. The honorees are revealed during the Silver Knight Awards ceremony, televised locally from Miami’s The Silver Knight Awards have been given in Miami-Dade County since 1959 and in Broward County since 1984. Miley Cyrus reveals she lost her virginity to Liam Hemsworth at 16'Ellen DeGeneres Show' DJ tWitch breaks silence on toxic-set allegationsChicago looters smash Ronald McDonald House with sick kids insideInside Prince Harry and Meghan Markle's new California estateHere's how much the gov't wants to charge you for COVID-19 vaccineNew York's economic outlook ranked worst in the nationDave Portnoy lost 'close to seven figures' on controversial stock betTiny Harris is using homemade hair masks during quarantineTiny Harris is using homemade hair masks during quarantineBlac Chyna wears an eye-popping outfit and more star snapsBlac Chyna wears an eye-popping outfit and more star snaps “Continued financialization of local news will destroy our democracy,” warned Jon Schleuss, the national president of the NewsGuild-CWA, a union that represents six McClatchy papers. McClatchy stock sank to a new 52-week low on Thursday...

Chatham, headed by Anthony Melchiorre, refinanced its first lien debt of $310 million in 2018. The Awards program recognizes outstanding individuals and leaders who have maintained good grades and have applied their knowledge and talents to contribute service to their schools and communities. Thanks for contacting us. DeFede admitted to the In May 2011, the paper announced it had sold 14 acres (5.7 ha) of On December 17, 2019 it was announced the Miami Herald would move to a six days a week format.On January 21, 2020 it was announced that the Miami Herald would close its Doral printing plant and move its printing and packaging operations to the Radio Tower platform and pylons in front of the former building site Dear Abby: I am a small busi­ness owner. In the new deal, former lenders will have 97 percent of the new equity if the plan is approved.“McClatchy’s plan provides a resolution to legacy debt and pension obligations while maximizing outcomes for customers and other stakeholders,” said McClatchy CEO Craig Forman The Herald, for instance, is owned by McClatchy Co., which bought the Miami newspaper's former parent, Knight Ridder, right at the top of the real estate and credit bubble in … Miami Herald Owner McClatchy Newspapers to Sell to Chatham Hedge Fund After Bankuptcy Auction Rosemary Rossi 36 mins ago. In another sign of the growing financial crisis in print journalism, McClatchy, the owner of 30 US newspapers, including CBS4 News Partner The Miami Herald, has filed for bankruptcy protection.

Wishes have included asking for donations to buy medical equipment for a sick child, help with renovations to make a home The Miami Herald Silver Knight Awards is one of most highly regarded student awards programs in the United States. The Miami Herald is an American daily newspaper owned by the McClatchy Company and headquartered in Doral, Florida, a city in western Miami-Dade County and the Miami metropolitan area, several miles west of downtown Miami. The family-owned publisher of The Sacramento Bee and The Miami Herald announced the winner of its bankruptcy sale: Chatham Asset Management, the owner of The National Enquirer.

The owner said the state not only got its information wrong, it inflated its claims with old photos so it could use his college bar as an example to other business owners.