The Other Paper Sold to Parent Company's Creditors
By AAN Staff
june 8, 2009 03:04 pm
As part of Chapter 11 bankruptcy proceedings, a judge has approved selling the assets of American Community Newspapers -- including The Other Paper -- to its creditors, who formed the company American Community Newspapers II to pursue the purchase. The Dallas-based company, which boughtThe Other Paper in 2007, filed for bankruptcy in April.