GateHouse owes creditors $1.2 billion
Saturday, June 30th, 2007Via the Turner Report:
It’s the darling of the newspaper industry at the moment because of its acquisition strategy, but a prospectus filed Friday with the Securities and Exchange Commission indicates GateHouse Media … is nearly $1.2 billion in debt.
And from that prospectus:
Our substantial indebtedness could adversely affect our financial health in the following ways:
-a substantial […]





