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Judge OKs sale of Freedom’s Phoenix-area papers
MESA - Freedom Communication's sale of the East Valley Tribune in Mesa and the Daily Sun-News in Sun City to a Colorado-based media company was approved March 9 by a federal bankruptcy court judge in Delaware.
Freedom asks court to OK sale of Ariz. newspapers
MESA - Freedom Communications asked a bankruptcy judge on Feb. 16 to approve the sale of the East Valley Tribune and several other Phoenix-area publications for about $2 million.
Freedom paid out $3.7M in bonuses to top executives
Most Freedom Communications employees probably have never heard of the company’s MBO bonus program, but the higher-ups know all about it. The program paid out more than $3.7 million to... […]
Bankruptcy filings show Tribune publisher earned $334,000 last year
It’s a familiar story these days: Top executives reaping disproportionately large salaries and mind-boggling bonuses while executing poor business strategies and laying off hordes of employees. It’s happened in the finance industry, construction, automobile manufacturing, computer software and beyond. But now, we can count the newspaper industry among them.
A last-ditch effort to buy the East Valley Tribune
Just prior to the Aug. 31 announcement that Freedom Communications Inc. was seeking bankruptcy protection, it appears there was a last-ditch effort to sell a large portion of Freedom’s assets... […]
