Toronto Star parent Nordstar seeks bankruptcy protection for Metroland Media and will move to a digital-only format.
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An investment group consisting of 3 Vice Media Group creditors has acquired the company for $350M.
VICE Media Group filed for bankruptcy this week. An investment group that includes VICE lenders has made a $225M bid to buy the company.
Hit hard by COVID-19, AMC Theatres reports a net loss of $2.2B in the first quarter, along with revenue of $941.5 million.
Two of McClatchy’s biggest creditors make a bid to buy the company, which is in Chapter 11 bankruptcy.
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