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Court approves Dolan reorganization plan

Dolan Company logoA court has approved the bankruptcy reorganization plan of Dolan Co., a business and legal publisher that is the parent company of the Arizona Capitol Times.

Bayside Capital Inc., a private investment firm with more than $15 billion of equity capital under management, is now the majority owner.

Founded in 1992 and privately owned for 15 years, The Dolan Company went public in 2007. The Minneapolis-based company publishes business and legal journals in 19 U.S. markets.

Dolan listed assets of $236.3 million and debt of $185.9 million as of Sept. 30 in Chapter 11 documents filed in March in U.S. Bankruptcy Court in Wilmington, Del.

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These members of the Martin Gold family are standing in front of the first large steam engine and threshing machine in the Phoenix area. They are, from left, Martin Gold; his daughter, Rose; an unidentified farmhand; Gold’s daughter, Helen; Dave Martinez; an unidentified young woman; and Gold’s stepson, Ulysses Schofield. The photograph was taken during the harvest in July 1914. Gold brought the first steam thresher to Phoenix.

Martin Gold, Phoenix pioneer (access required)

By all accounts, Martin Gold was a humble and hard-working man. He was popular among the immigrant community, especially the Mexicans—who called him Don Martin—because of his facility with languages.