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McClatchy Media Company, or simply McClatchy and MCC, is an American publishing company incorporated under Delaware's General Corporation Law.Originally based in Sacramento, California, United States, and known as The McClatchy Company, it became a subsidiary of Chatham Asset Management, headquartered in Chatham Borough, New Jersey, as a result of its 2020 bankruptcy.
The publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers across the country has filed for bankruptcy protection. McClatchy files for bankruptcy protection Skip to ...
McClatchy’s structured bankruptcy, declared in 2020, allowed the company to offload nearly 60 percent of its debt owed to lenders and emerge free of its legacy pension obligations. But it also ...
On February 13, 2020, The McClatchy Company and 54 affiliated companies filed for Chapter 11 bankruptcy protection in the United States District Court for the Southern District of New York. The company cited pension obligations and excessive debt as the primary reasons for the filing. [3] [4] [5]
On February 13, 2020, The McClatchy Company and 54 affiliated companies filed for Chapter 11 bankruptcy protection in the United States District Court for the Southern District of New York. The company cited pension obligations and excessive debt as the primary reasons for the filing. [5] [6] [7]
Medical company’s bankruptcy could hinder jail death lawsuits in Charlotte. Julia Coin. November 18, 2024 at 2:00 AM ... Wellpath is more than $644 million in debt, McClatchy previously reported.
It was eventually acquired by The State Record Company in 1973. [3] Along with the rest of the State Record Company, it was acquired by the Knight Ridder newspaper chain in 1986. McClatchy became The Sun News’ parent company when it purchased Knight Ridder in June 2006. McClatchy filed for bankruptcy in 2020 and the company was purchased by ...
McCLATCHY FILE PHOTO. ... They were part of 230 stores that closed after the company filed Chapter 11 bankruptcy that year, blaming its financial troubles on the COVID-19 pandemic.