McClatchy, the third-largest newspaper publisher in the U.S. by circulation, said it has filed for chapter 11 bankruptcy
Colin KellaherMcClatchy Co. on Thursday said it has filed for chapter 11 bankruptcy as it seeks support from its key stakeholders for a reorganization plan.
The third-largest newspaper publisher in the U.S. by circulation said it will continue to operate in the ordinary course of business as it pursues approval of the restructuring plan with its secured lenders, bondholders and the Pension Benefit Guaranty Corp.
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