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Wednesday, July 30, 2008

The end of Gatehouse Media?

Peoria Pundit has been covering what may be the final days of Gatehouse Media:

This matters because Gatehouse stock (GHS) closed at 75 cents a share today, down from about $20 a share when it bought our own local paper, the State Journal-Register, in March of 2007. I don't know what the consequences of a bankruptcy would be for our paper. It depends on the type of bankruptcy, if they do file, that is. Standing by. Crossing fingers. Holding breath. Saying prayers.

Posted by Marie at July 30, 2008 11:47 PM

Comments

good luck sjr

Posted by: t-rexx at July 31, 2008 3:09 PM

That didn't take long. Take over your local newspaper in December and out of business in August?

Posted by: Rob Author Profile Page at August 1, 2008 6:23 AM