Balking at contract terms they call outrageous, some 175 Journal Register Company employees in Michigan voted to lead a boycott of the papers
Tagged: Alden Global Capital
A New York bankruptcy judge has approved the sale of the Journal Register Company’s assets to Alden Global Capital’s stalking-horse bidder, 21st CMH Acquisition Corp.
In a March 1 story on Poynter.org, Mich. unions say JRC has “declared war,” threaten strike, Andrew Beaujon writes the Metropolitan Council of Newspaper Unions is warning its members of union-busting tactics being employed by Journal Register Company and the Alden Global Capital subsidiary, 21st CMH Acquisition Co., that plans to “purchase” the company in bankruptcy proceedings.
It appears the Journal Register Company bankruptcy plan hit a snag last week at the 11th hour. Law360 reported that newspaper unions involved in the process, as well as the Communications Workers of America, have objected to the sale of Journal Register Co. to the stalking horse bidder that is a subsidiary of Alden Global Capital, 21st CMH Acquisition.
Rick Edmonds on Poynter: “Journal Register likely to reduce print to three days a week at some papers,” Sept. 20, 2012. The new slimmed-down Journal Register company, being pieced together…