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Bloomberg: Free Lance-Star Newspaper Files Bankruptcy

Date: Jan 27, 2014 @ 06:00 AM
Filed Under: Bankruptcy

Bloomberg reported Fredericksburg, Virginia’s Free Lance-Star newspaper filed for bankruptcy, saying creditor Sandton Capital Partners LP pressed the company to enter court protection to sell its assets.

According ot the report, Free Lance-Star Publishing Co.,  which also owns radio stations and websites, listed assets and debt of more than $50 million each in Chapter 11 documents filed in U.S. Bankruptcy Court in Richmond, Virginia.

The Free Lance newspaper was first published in 1885.

To read the full Bloomberg report, click here.

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