Journal Register Company Emerges From Chapter 11 Bankruptcy

The Journal Register Company, a Pennsylvania-based newspaper company, has emerged from a Chapter 11 bankruptcy filing.

The company, which filed for bankruptcy protection in February of this year, has borrowed $150 million from J.P. Morgan Chase, $75 million from Wells Fargo, and has a revolving line of credit with Wachovia.

Journal Register owns 19 daily newspapers, more than 152 non-daily publications, and over 128 websites affiliated with the company's publications. The company has operations in five geographic areas, including Greater Philadelphia, metropolitan Detroit, Michigan, Connecticut, Greater Cleveland, and New York, in both the Capital-Saratoga and the Mid-Hudson regions.  

Robert P. Conway, the Journal Register's interim Chief Executive Officer, said the company looks forward to continuing to deliver high-quality, hyper-local content that the company's publications are best known for.

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