The bankrupt owner of The Oakland Press and The Macomb Daily has signed a purchase agreement to sell the Lapeer County Press and several smaller Michigan newspapers.
Yardley, Pa.-based Journal-Register Co., which filed for Chapter 11 bankruptcy protection in February, will sell the Lapeer newspaper and a dozen other publications to Lapeer-based Jams Media Inc. for an undisclosed sum, according to a news release issued this morning.
The sale is expected to be finalized before July 31.
Yardley, Pa.-based Journal-Register Co., which filed for Chapter 11 bankruptcy protection in February, will sell the Lapeer newspaper and a dozen other publications to Lapeer-based Jams Media Inc. for an undisclosed sum, according to a news release issued this morning.
The sale is expected to be finalized before July 31.
Included in the purchase were the Lapeer County Press, the County Press Extra, County Press Marquee, County Line Reminder, Chesaning Tri-County Citizen, Sanilac County News, Sanilac Extra, Sanilac Buyers Guide, Thumb Blanket, Huron County Press, Croswell Jeffersonian, Brown City Banner and Homeseekers.
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