“Confirming three new bidders for that have surfaced since Pat Purcell’s announcement of the purchase on 12 , eighth,” authored Magram within the e-mail.
About 50 % the Herald’s tasks are within the newsroom, or 120 employees.
GateHouse’s bid is predicated on dismissing the paper’s collective bargaining contracts and altering pension and healthcare obligations, court papers show.
The suggested GateHouse deal needs to be approved with a personal bankruptcy court in Delaware. In that process, other bidders can jump in to the fray.
The includes a trio of recent suitors, based on one official in the paper.
GateHouse owns 130 dailies and most 640 community papers. In Massachusetts, their papers range from the Telegram & Gazette of Worcester, The Patriot Ledger in Quincy, and also the Enterprise in Brockton.
Staffers were advised they would need to interview using the new proprietors in The month of january to ensure that these to continue working in the paper.