Wall Street punished debt-heavy newspaper firms in 2010

Reflections of a Newsosaur
Alan Mutter says 2010 was “a decidedly mixed year” for publicly traded newspaper companies. Share prices last year soared as high as 51% for A.H. Belo — it has zero long-term debt on its books — while they plunged by an almost identical amount at GateHouse Media, which Mutter notes is staggering under $1.2 billion in debt.

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