THE CAPITAL CRISIS IN THE NEWSPAPER INDUSTRY DEEPENS
Recent weeks have not been kind to newspaper company finances, with lost value and unhappy investors plaguing publicly traded firms.The Journal Register Co. was delisted from New York Stock Exchange because it share price remained below $1, reducing its market capitalization about $12 million, less than one-fifth the capitalization required to be traded on the big board. The Sun-Times Media Group stock also continued trading below $1 and its market capitalization dropped to $61 million, drawing...
