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DFM Sets Date For Sale Of Journal Register

By Staff
NetNewsCheck, March 28, 2013 8:41 AM EDT

Digital First Media today announced that it has set April 2 as the date for the sale of the Journal Register Co. to 21st CMH Acquisition Co.

The U.S. Bankruptcy Court for the Southern District of New York has granted final approval for the sale of the assets of Journal Register Co. and its affiliates.

“We are pleased to have received final approval for the sale and to establish a sale date for Journal Register Company,” John Paton, CEO of Digital First Media, said in a statement. “We thank the Court, the Official Creditors Committee, our vendors, our customers and our employees as we move forward and complete the transaction.”

21st CMH Acquisition Co. is an affiliate of funds managed by Alden Global Capital, owner of Digital First Media.