By January 30, 2018 Read More →

West Virginia’s Gazette-Mail declaring bankruptcy; Wheeling Newspapers is planned buyer

Staff report

Charleston Gazette-Mail

The Charleston Newspapers building on Virginia Street, in Charleston. Owners of the Charleston Gazette-Mail agreed Monday to go into Chapter 11 bankruptcy.
(Gazette-Mail photo by Kenny Kemp)

CHARLESTON, W.Va. — The owners of the Charleston Gazette-Mail agreed Monday to take the company into Chapter 11 bankruptcy.

Wheeling Newspapers is currently the high bidder to assume ownership of the company.

The company, operated by the Nutting family, owns more than 40 daily newspapers across the nation, including the Wheeling, Parkersburg, Martinsburg and Elkins newspapers in West Virginia.

Charleston Newspapers, the company that owns the Gazette-Mail, issued a WARN notice to all employees Monday afternoon.

A Worker Adjustment and Retraining Notification Act notice warns of the potential for layoffs exceeding 50 employees. Charleston Newspapers currently employs 206 people.

Read the entire article: https://www.wvgazettemail.com/news/gazette-mail-declaring-bankruptcy-wheeling-newspapers-is-planned-buyer/article_5a0e1ede-29aa-5866-ab47-7b9655a0d3bb.html

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