Star Tribune
The Blackstone announcement follows a New York Post
report that the Minneapolis paper failed to meet its debt obligations and is near bankruptcy, which the Strib disputes. Publisher
Christopher Harte says: "The Star Tribune currently has sufficient liquidity and is current on all its debt payment obligations." He says the paper will not miss a debt payment this year unless things worsen. || Reaction from
Twin Cities City Pages and
MinnPost.com.
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Earlier: Strib, union discuss paper's serious financial issues (MinnPost)