Romenesko

Minneapolis Star Tribune
Analysts say Star Tribune's hiring of Blackstone Group could result in a fundamental restructuring of the paper's debt, a process that may include anything from new loan terms to additional equity investors in the paper. Chris Serres writes: "Such a restructuring, coming only 15 months after Avista Capital Partners took possession of the Star Tribune, reflects just how rapidly the newspaper business -- and the credit markets -- have deteriorated in the past year."