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Daily Star parent's bankruptcy plan gets court OK

A federal judge gave the nod Monday to a plan that puts off the day of reckoning for newspaper chain Lee Enterprises, the publisher of the Arizona Daily Star, St. Louis Post-Dispatch and some 50 other newspapers. Lee now has more time to pay off its $1 billion debt.

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Jan 24, 2012, 9:42 am
-0 +2

This is retarded. All this deal is doing is pushing back the inevitable. Lee will NEVER even come close to becoming solvent ever again.

When the inevitable finally does happen, I for one would LOVE to see the Star shut its doors. I would say that I wouldn’t miss the Star, but that’s not true…I do-and have been-miss the Star since about the mid-90’s. They were a fine paper once, but somewhere in the 90’s something went terribly wrong there and they’ve been going steadily downhill ever since. So, I am already missing the Star.

But, it’s all the internet’s fault…right? *sigh*

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