Diggings

A blog by Toby Dayton

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Archive for December, 2008

Star Tribune Hints At Bankruptcy

In its latest attempt to stave off the inevitable, the Minneapolis Star Tribune is demanding that its unions trim off $20 million in annual salary and cost reductions or the daily newspaper will be forced to declare bankruptcy. The company also acknowledged that Avista Capital Partners will be writing off the remaining $25 million on [...]