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Orange County-based Freedom Communications, publisher of the Orange County Register plus 32 other dailies and 77 weeklies, will file for bankruptcy this week, according to the Wall Street Journal. A spokesman for the company said it is "continuing to work with lenders to resolve balance sheet issues." The company was founded in the 1930s and is still controlled by the Hoiles family.
Orange County-based Freedom Communications, publisher of the Orange County Register plus 32 other dailies and 77 weeklies, will file for bankruptcy this week, according to the Wall Street Journal. A spokesman for the company said it is "continuing to work with lenders to resolve balance sheet issues." The company was founded in the 1930s and is still controlled by the Hoiles family.