Journal Register Company

Summary

The Journal Register Company is an American media company, specializing in newspaper publishing. The company owns 22 daily and 302 non-daily newspapers and other niche publications. The company was led by chairman and CEO James W. Hall, who succeeded Robert M. "Bob Jelloneck" Jelenic on November 1, 2007. Hall had been appointed interim CEO June 8 when Jelenic took a medical leave of absence to undergo cancer surgery. In 2007, the company was carrying $646 million in debt, largely as a result of its purchases. In September 2006, JRC was named one of the Ten Worst Managed Companies in America by 24/7 Wall Street In April 2008, Journal Register hired the financial advisor Lazard Freres to evaluate its business options for the possible sale of newspapers in Michigan and its other clusters.On February 21, 2009, the company filed for Chapter 11 reorganization at the United States Bankruptcy Court for the Southern District of New York, in New York, NY.

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