Star Tribune emerges from bankruptcy protection with new ownership, reduced debtSeptember 30th, 2009 Star Tribune emerges from bankruptcy protectionMINNEAPOLIS — The Star Tribune of Minneapolis has emerged from bankruptcy protection with new ownership and reduced debt. In emerging from Chapter 11 on Monday, the Star Tribune is now owned primarily by its senior lenders, led by investment group Angelo, Gordon & Co.
Star Tribune preparing to emerge from bankruptcy protection, actively seeking new publisherSeptember 30th, 2009 Star Tribune emerging from bankruptcy protectionMINNEAPOLIS — The Star Tribune is preparing to emerge from bankruptcy protection and is actively seeking a new publisher. Minnesota's largest newspaper says it will emerge from Chapter 11 protection Monday, complying with the timeline agreed to under a reorganization plan approved earlier this month.
Tribune executive defends proposed bonuses of up to $70 million in bankruptcy hearingSeptember 25th, 2009 Tribune exec defends bonus plan in Ch. 11 hearingWILMINGTON, Del.
Tribune, bondholders reach agreement on access to buyout recordsSeptember 24th, 2009 Tribune, bondholders agree on records accessWILMINGTON, Del. — Attorneys representing Tribune Co.
San Diego Union-Tribune to ax 112 jobs in latest round of cuts since new ownershipAugust 13th, 2009 San Diego Union-Tribune announces 112 job cutsSAN DIEGO — The San Diego Union-Tribune reports that 112 jobs are being cut at the newspaper, the second round of major layoffs since an ownership change in May. Wednesday's cuts follow the elimination of 192 positions three months ago, when Beverly Hills-based investment firm Platinum Equity bought the city's dominant newspaper from longtime owner The Copley Press.
San Diego Union-Tribune announces new round of job cutsAugust 13th, 2009 San Diego Union-Tribune announces more job cutsSAN DIEGO — The new owners of the San Diego Union-Tribune have announced the second round of layoffs since completing their acquisition of the newspaper in May. The company said Wednesday it is eliminating an undisclosed number of jobs as part of a package of initiatives it said would bolster growth.
Star Tribune Co. files reorganization plan with goal of emerging from bankruptcy in fallJune 19th, 2009 Star Tribune Co. files bankruptcy reorganizationMINNEAPOLIS — The Star Tribune Co.
Union, Star Tribune in Minneapolis have tentative agree contract; members vote WednesdayJune 13th, 2009 Union, Minneapolis paper have tentative agreementMINNEAPOLIS — A Teamsters official says the union representing drivers and the Star Tribune have tentatively agreed to a contract. Bob Moore, business agent for Teamsters Local 638, says the tentative agreement was reached Friday evening.
Sun-Times asks judge to delay consideration of proposed bonus planJune 10th, 2009 Consideration of Sun-Times bonus plan on holdWILMINGTON, Del. — The Sun-Times Media Group has asked a bankruptcy judge to delay consideration of proposed bonuses of up to $1.8 million for certain employees in the event of a successful sale of assets.
Both sides agree to delay hearing on Star Tribune request to terminate union drivers' contractJune 5th, 2009 Hearing delayed on Star Tribune drivers' contractMINNEAPOLIS — A Teamsters official says the union and the Star Tribune have agreed to postpone a bankruptcy court hearing set for next week on the newspaper's request to cancel its contract with unionized drivers. Bob Moore, business agent for Teamsters Local 638, says the newspaper asked for more information about the drivers' pension.
Teamsters threaten to strike, shut down Star Tribune if newspaper allowed to scrap contractJune 2nd, 2009 Teamsters threaten to shut down Star TribuneMINNEAPOLIS — The Teamsters union is threatening a strike it says would likely shut down the Star Tribune if the newspaper, which is in bankruptcy protection, is allowed to scrap its contract with unionized drivers. Teamsters Local 638 filed its opposition Monday to the newspaper's proposal to reject the contract.
Judge considers Tribune requests to make bonus, severance paymentsMay 12th, 2009 Judge weighs Tribune employee paymentsWILMINGTON, Del. — A Delaware bankruptcy judge is set to hear arguments on a request by the Tribune Co.
3 days after acquisition by private equity firm, San Diego Union-Tribune cuts 192 jobsMay 8th, 2009 San Diego Union-Tribune cuts 192 jobsSAN DIEGO — The San Diego Union-Tribune is cutting 192 jobs in another round of layoffs affecting all departments at the newspaper. The Union-Tribune said Thursday the layoffs amount to about 18 percent of its staff, which will be reduced to about 850 workers after the cuts become effective July 6.
Rights to Dick Tracy character among pending issues in Tribune bankruptcy caseApril 30th, 2009 Hearing scheduled in Tribune bankruptcyWILMINGTON, Del. — Attorneys are headed to court to discuss Tribune Co.'s assertion that it owns the television and movie rights to comic book character Dick Tracy.
Star Tribune, Newspaper Guild reach tentative contract agreement with cutsApril 24th, 2009 Star Tribune, union reach tentative agreementMINNEAPOLIS — A tentative three-year contract agreement has been reached between the Star Tribune and the union representing nearly 275 newsroom workers. The agreement reached by leaders of the Newspaper Guild, the largest union at the newspaper, includes a 3 percent cut in base wage scales and a 30 percent reduction in any merit pay above those scales.