Media: Some idle speculation about GateHouse’s future
The lovely and talented Marie Carnes set me an email with an observation: Most bankruptcies are filed in court during the first week of the month. So, if GateHouse Media is to inclined, we might hear about it within the next seven days.
Marie predicts that the company would probably declare Chapter 11, which would allow it to reorganize. Chapter 7 basically puts the company out of business. The difference is explained here.








Of course, it should be noted that despite when Marie Carnes thinks the most BRs are filed, an entity can file anytime it wants to. There’s a
Conference call on 2Q earnings set for Aug. 8.: Here.
Bill- I tried to look at your home page and it takes me back to last week’s Callahan post. Is this a computer glitch or am I losing my blogging mind?
Jen: Only your psychiatrist knows for sure. But MY site was having a glitch. I think I’ve fixed it.
Regent Communications (owners of radio stations in Bloomington and Peoria, as well as other markets for a total of 62 stations) closed the week Friday at 66 cents…that’s right, cents…a share, a 52-week low.
The company’s stock was $6.23 a share exactly three years ago today, and when they went public back in early 2000, stock prices were offered at $12 per share and went as high as $13.93 later that year.
Just thought you could add that to your Gatehouse stuff.