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

$12M Digital First Media Bid Wins Boston Herald Auction

Law360 (February 14, 2018, 12:49 PM EST) -- A nearly $12 million bid by a division of hedge fund-owned Digital First Media has tentatively won a Delaware Chapter 11 auction for the Boston Herald, the bankrupt newspaper announced early Wednesday.

  The Boston Herald said in an announcement Wednesday that the sale "achieves [the publisher's] goal of keeping Boston a two-newspaper city." (AP)

Digital’s MediaNews Group, part of a media chain owned by Alden Global Capital, beat out GateHouse Media and Revolution Capital after a five-hour series of bids held Tuesday in Boston....
To view the full article, register now.