Instead, McClatchy Co. was trying desperately to save itself and 53 wholly owned subsidiaries by filing a voluntary Chapter 11 petition for bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York. Reference is made to the Disclosure Statement, distributed contemporaneously Then came the recession and a sharp decline in revenue . Asset Purchase Agreement by and among The McClatchy Company, the subsidiary sellers parties thereto, SIJ Holdings, LLC, Chatham Asset Management, LLC (" Chatham "), and Chatham Asset High Yield Maser Fund, Ltd. (as may be amended, amended and restated, supplemented or otherwise modified, the " APA Headquartered in Sacramento, CA, it has assets in the amount of $15,918,480. In February, the McClatchy Co. and 53 subsidiaries filed for Chapter 11 protection in the U.S. Bankruptcy Court in Manhattan. McClatchy is headquartered in Sacramento, CA and has 35 office locations across 1 country. The oldest paper, The Sacramento Bee, was founded in 1857 and is the company s second largest. McClatchy has an Internet subsidiary, McClatchy Interactive, which provides both content and business support for interactive media nationwide. McClatchy and each of its 53 wholly owned subsidiaries filed their voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of New York. McClatchy completed the sale of the Minneapolis Star Tribuneor, to be technical, the McClatchy subsidiary that owned the Star Tribuneto Avista Capital Partners for $530 million last week. McClatchy Employees Credit Union was chartered on Jan. 1, 1935. Headquarters: 2100 Q St, Sacramento, California, 95816, United States. Fifteen years ago, the McClatchy clan shared a $2.7 billion media . Its 1,292 members are served from 2 locations. Inviting journalists to see their test track Thursday, firm uSky showed off what they described as an energy-efficient, smart solution to fly above traffic across the Emirates . The PBGC terminated the pension plan as of August 31 and is now the statutory trustee. The buyouts are reportedly voluntary. There are no reviews yet for this company. If they are covered under both plans, the medical or dental plan of the parent whose birth date is the earliest in the year will provide primary coverage. The outlook assigned to this Credit Rating (rating) is stable . The oldest paper, The Sacramento Bee, was founded in 1857 and is the company s second largest. Effective March 31, 2009, the Plan was frozen such that no new participants may enter the Plan and no further benefits will accrue. SUBSIDIARIES. The 2026 Notes will have an issue price of 97.242% and will be senior obligations of McClatchy and will be guaranteed by certain of the Company's domestic subsidiaries (the "subsidiary guarantors"). The oldest paper, The Sacramento Bee, was founded in 1857 and is the company s second largest. No. McClatchy counsel Van Durrer said the company had not analyzed the subsidiaries' solvency because the parent company was functionally a single entity, with the subsidiaries incapable of operating . Not only does GoLookUp allow its users to search through hundreds of millions of records, but you can also set up alerts and get notified if any data is related to your updates! The McClatchy Company offered buyouts to roughly 10 percent of its employees at the 29 newspapers it owns across the U.S. Friday, the Miami New Times reported. Exhibit 21 . The following is a list of subsidiaries of the Company as of December 29, 2019, omitting subsidiaries which, considered in the aggregate, would not constitute a significant subsidiary. The McClatchy Company, commonly referred to as simply McClatchy, is an American publishing company incorporated under Delaware's General Corporation Law and based in Sacramento, California. In 2006, it purchased Knight Ridder, which at the time was the . The Sacramento-based publisher listed on the New York Stock Exchange and each of its 53 wholly-owned subsidiaries filed their voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of New York. Read today's breaking politics, national and world news, headlines and columns. McClatchy which owns dozens of newspapers across 14 states, and which was acquired by Chatham Asset Management, a hedge fund, last year will not participate in the next Report for America cycle, Report for America confirmed to CJR. McClatchy Newspapers, Inc. is located in Livonia, MI, United States and is part of the Newspaper, Periodical, Book, and Directory Publishers Industry.

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