Star Tribune emerges from bankruptcy
28 Sep 2009
The Minneapolis/St. Paul, Minn. Star Tribune, purchased in 2007 by Avista Capital Partners from the McClatchy Co., is set to emerge from bankruptcy today, and will become Star Tribune Media Company, LLC. The paper will have $100 million in debt, down from $480 million when it filed Chapter 11 bankruptcy on Jan. 15.
"Symbolically and operationally, this is an important day for the S