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Saturday, December 09, 2017

Boston Herald declares Bankruptcy, to be Sold ?

BOSTON — The Boston Herald is declaring bankruptcy and has agreed to be sold to GateHouse Media.

Amid teary eyes in the newsroom, the daily newspaper founded in 1846 announced Friday it filed a voluntary Chapter 11 bankruptcy petition in Delaware. Publisher Patrick Purcell didn’t disclose the sale price but said the purchase is subject to court approval.

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