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Wednesday, July 17, 2024 | Back issues
Courthouse News Service Courthouse News Service

National Enquirer in Love Tryst With Bankruptcy!

MANHATTAN (CN) - American Media, publisher of the National Enquirer and other glorious periodicals, filed for Chapter 11 bankruptcy, listing more than $1 billion in debt. The company expects to emerge from bankruptcy in about 2 months, with $565 million in new debt, CEO David Pecker told the Wall Street Journal.

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