Journal Register Company’s Bankruptcy Sale Approved
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.
Unions: Journal Register Co. Has “Declared War”
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.
Journal Register Company’s Bankruptcy Sale Hits a Snag
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.
Los Links | Unions: The End is Nigh
In case you missed it, unions are in their death throes. The Bureau of Labor Statistics released a report showing in 2012 union membership declined by 400,000 to 14.3 million workers, or 11.3 percent of the workforce, down from 11.8 percent in 2011.
Deal With the Devil
In the wake of owners of the Cleveland Plain Dealer announcing plans to cut 58 journalists — one-third of the newsroom — in 2013, Guild members approved a new six-year contract Dec. 11.
Cleveland Plain Dealer to Slash Newsroom Staff by One-Third
OWNERS OF THE Cleveland Plain Dealer have announced plans to gut the newsroom staff by one-third — 58 positions from a newsroom of 168. The number of days the paper…
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