We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Boston Herald Cleared For $12M Ch. 11 Sale To MediaNews

Law360 (February 16, 2018, 5:07 PM EST) -- The Boston Herald on Friday secured court approval for the tabloid's $11.98 million sale to hedge fund-controlled MediaNews Group, under a business-saving deal expected to close by March 28.

Judge Laurie Selber Silverstein signed the sale order after a handful of last-minute changes to wording and terms. A few issues remain before closing, however, including arrangements with the paper's labor unions and a contract with its current Seaport District landlord.

MediaNews, part of a media chain managed by Alden Global Capital's Digital First Media, reported plans to offer jobs to 175 of the company's 240 current employees, although only after a...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS