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MNI halts dividend amid default fears | Newsosaur

Amid concerns among some analysts that the McClatchy Co. could default on its $2.1 billion debt in the second half of this year, the company today announced that it would cancel its dividend after the first quarter.

via Reflections of a Newsosaur: MNI halts dividend amid default fears.

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This entry was posted on January 28, 2009 at 4:51 am and is filed under Newspapers. You can subscribe via RSS 2.0 feed to this post's comments. You can comment below, or link to this permanent URL from your own site.

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