Wednesday,  December 11 , 2024

Linkedin Pinterest
News / Business / Business Briefs

The Bulletin parent company files for bankruptcy

By Associated Press
Published: January 24, 2019, 6:00am

BEND, Ore. — Western Communications, the parent company of The Bulletin, has filed for bankruptcy.

The Bulletin says court filings made Tuesday show the company owes more than $10 million to more than 1,000 creditors and has assets of $10 million to $50 million.

Its largest unsecured creditor is newsprint supplier Page Cooperative Inc. of King of Prussia, Pa., which is owed about $946,000.

Western Communications previously filed for Chapter 11 protection in 2011 following a three-year dispute with the Bank of America, the company’s largest creditor at the time.

The company emerged from Chapter 11 protection in April 2012.

Western Communications is also the parent company of The Baker City Herald and four other Oregon publications, as well as two newspapers in California.

Support local journalism

Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.

Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.

Community Funded Journalism logo
Loading...