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Daily Star parent files bankruptcy

Lee Enterprises, the troubled parent company of the Arizona Daily Star, filed a "prepackaged" Chapter 11 bankruptcy Monday, asking a court to delay the due date on its $1 billion debt.
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Dec 13, 2011, 11:14 am
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Wow…I don’t know how they stand a chance to ever pay off this debt. The bankruptcy courts should see that they’ll never be solvent again and force them to shut down.

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