Bankruptcy Court To Rule On Journal Register Sale; 844 Michigan Media Jobs In Peril

Jobs At Stake In Huge Newspaper Shakeup

Michigan's battered print journalism industry is bracing for more potential job losses as the fate of the bankrupt owner of several newspapers awaits a court decision on its sale.

The U.S. Bankruptcy Court for the Southern District of New York is scheduled to decide this week on a deal for Yardley, Pa.-based Journal Register Co. to be sold to 21st CMH Acquisition Co., an affiliate of funds managed by JRC's current owner, New York City-based international hedge fund Alden Global Capital LLC.

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