Monday, May 3, 2010

Freedom Communications Emerges from Bankruptcy

Freedom Communications announced on May 1st that they have formally emerged from Bankruptcy, with its dept decreased from $770 millon to $320 million.  Freedom Communications owns 32 daily newspapers across the country, including the Orange County Register, Colorado Springs Gazette and New Bern Sun Journal.

Freedom Communications had filed for bankruptcy on September 1st, 2009.

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