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Newspaper Chain Seeks to Have PBGC Take Over Pension Fund
The Wall Street Journal; subscription may be required 
Nov. 14, 2019 "McClatchy Co., the third-largest newspaper publisher in the U.S. by circulation, said it has begun talks with its creditors and federal authorities about a possible government takeover of its pension fund ... The 162-year-old company, which publishes 30 newspapers around the country, ... said it would be unable to make a required $124 million contribution next year to its pension fund." MORE >> |
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