St. Louis Post Dispatch owner files for bankruptcy
St. Louis Post Dispatch owner files for bankruptcy The St. Louis Post Dispatch, the largest of the Lee dailies, said on its website that the filing for Chapter 11 bankruptcy will allow the Davenport, Iowa-based company to refinance some $1 billion in debt.
Media conglomerate Tribune Co. filed for bankruptcy protection today, as the owner of the Chicago Tribune, the Los Angeles Times, the Chicago Cubs and other properties tries to deal with $13 billion in debt.