Newspaper publisher McClatchy warns of ‘liquidity challenge’

2019-11-13

Shares of McClatchy Co. sank Wednesday, after the publisher of local newspapers warned that it faced a “liquidity challenge” next year following an unfavorable ruling associated with required contributions to its under-funded pension plan. McClatchy, whose publications include the “Miami Herald,” “The Kansas City Star” and “The Charlotte Observer,” alsoRead More →